Tesla delivers record vehicles in Q1, beats analysts' estimates


FILE PHOTO A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York U.S. April 29 2016. REUTERSLucas JacksonFile Photo

FILE PHOTO: A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File Photo

(Reuters) - Tesla Inc on Saturday reported record electric vehicle deliveries for the first quarter, driven by a ramp up in production at its Shanghai factory.

Tesla delivered 310,048 vehicles in the quarter, while Wall Street had expected deliveries of 308,836 cars, according to Refinitiv data.

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