Tesla reports vehicle deliveries are up about 35 percent from last year in first quarter following price cuts

• Tesla published its Q1 production and deliveries data Sunday, reporting a record number of deliveries.
• A series of price cuts initiated by the company in January seem to have increased demand for the EVs.
• Investors will get a better picture of how the cuts affected the company's finances during an earnings call later this month.

Tesla reported a record number of vehicle deliveries for the first quarter of 2023, up about 36% from the first quarter of 2022, as the company pushed to increase sales with a series of price cuts this year.