Tesla Delivers 10,030 Cars In First Quarter, Up 55% Vs. Year Ago

Tesla Motors said Friday it delivered 10,030 cars in the first quarter, up 55% from the year-earlier period and a new quarterly record. In a statement, the electric carmaker said it is planning to start publishing the number of new car deliveries within three days of the quarter end. "We have decided to take this approach, because inaccurate sources of information are sometimes used by others to project the number of vehicle deliveries," said the statement. The company emphasized that deliveries are just one part of its financial performance and should not be viewed as an indicator of quarterly results. Shares are down 14% in the year so far, while the S&P 500 has gained 0.4%.