Tesla Motors took a small step forward toward greater transparency Friday in announcing that it delivered a record 10,030 electric cars in the first quarter. It said the tally marked a 55% increase over the same quarter last year. The stock reacted by rising 1.8%, or $3.41, to $191 in midday trading.
Tesla makes only one product at the moment: the Model S, a long-rang electric luxury car. Another vehicle, the Model X crossover, is due this summer. CEO Elon Musk has said repeatedly that demand isn’t Tesla’s big problem at the moment. Rather, it’s supply — ramping up production while maintaining quality to vastly expand the company……….
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