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Tesla Vehicle Sales Rise 55 Percent in Q1

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April 6, 2015—Tesla Motors announced it broke a company record for the first quarter of 2015 by delivering 10,030 vehicles, a 55 percent sales increase compared to the same period a year ago.

Going forward, Tesla said it will publish the number of new car deliveries within three days of quarter end to dispel "inaccurate sources of information that are sometimes used by others to project the number of vehicle deliveries."

"There may be small changes to this delivery count (usually well under 1 [percent]), as Tesla only counts a delivery if it is transferred to the end customer and all paperwork is correct," Tesla said in a press release. "Also, this is only one measure of our financial performance and should not be relied on as an indicator of our quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.

The company expects to sell 55,000 cars in 2015, up from 31,000 sold last year.

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