Tesla reported record breaking delivery numbers for Q1 2023, with 422,875 vehicles delivered globally. This exceeded street estimates and represents a 12% increase over the previous quarter's delivery numbers. The company also produced 440,808 vehicles in Q1, which was also above estimates. The strong delivery and production numbers suggest that Tesla's price cuts and expanded Model Y tax credit eligibility in the US are boosting demand for the company's electric vehicles.

Lets see how Tesla share price react on Monday!

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