Tesla sales climb 69 percent in best ever result
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Tesla's (NASDAQ: TSLA.NASDAQ) electric car sales surged 69 percent in the first quarter of this year to around 25,000 units, the firm's best result ever.

The car maker said it delivered 13,450 Model S sedans and about 11,550 Model X sport-utility vehicles in the quarter, a significant jump on the 14,820 total registered a year earlier.

The Elon Musk-headed company now appears on track to meet its objective of shipping 47,000 to 50,000 vehicles in the first half of this year.

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The result also suggests that Tesla has last year's production problems that delayed deliveries behind it.

Around 2,750 vehicles were not counted as deliveries in the fourth quarter because of production problems from October through to early December, as well as delays in transportation and customers failing to physically take delivery.

Tesla does not reveal its sales by region but last year the US accounted for 60 percent of the firm's sales.

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Tesla shares closed at $278.30 on Friday and have climbed more than 30 percent so far this year.

Wall Street Journal

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