Tesla shipped a record 25,051 vehicles last quarter
Tesla’s quarterly earnings statement is out, and the company says it shipped a record number of cars in the first three months of 2017. The electric carmaker states it delivered 25,051 vehicles last quarter, putting it on track of its goal to sell 50,000 cars by the middle of 2017. The numbers are a good sign for a company that has frequently exhibited trouble meeting its own deadlines.
Production of Tesla’s first mass-market car, the Model 3, is set to begin this July, the company said. Over the last few months, Tesla has been road testing release candidate Model 3s to perfect the vehicle’s software. Tesla says it expects to begin production with 5,000 cars per week at some point in 2017, which it hopes to increase to 10,000 cars per...