Tesla Inc.'s (TSLA) first-quarter vehicle deliveries rose 36% from last year, following the luxury electric major's decision to cut prices of its electric vehicles.
The Austin, Texas-based electric vehicle said Sunday that it delivered 422,875 vehicles in the first quarter of 2023, an increase of about 36 percent from last year's 310,048 vehicles. It delivered 412,180 units of its Model 3 and Model Y, along with 10,695 units of its Model S and Model X.
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