Tesla produces 433,000 vehicles, delivers 387,000 in Q1

By Ovunc Kutlu

ISTANBUL (AA) - American electric carmaker Tesla produced 433,000 vehicles and delivered approximately 387,000 in the first quarter of this year.

The company produced a total of 412,376 Model 3/Y and other models this January-March, according to a statement released Tuesday.

The firm delivered 369,783 Model 3/Y and 17,027 other models vehicles during the same period.

The company said it will announce its financial results for the first quarter, which include net income, revenue, and cash flow, on April 23 after market close.

Tesla's stock price was down 5.4% at 10.25 a.m. EDT Monday (1425GMT) on the Nasdaq.