Elon Musk has previously said that affordability is the 'limiting factor' for many would-be Tesla owners.
Tesla saw its sales rise by 36% in the first financial quarter, after two price cuts aimed at boosting demand.
The electric car, SUV and heavy truck manufacturer said it delivered 422,875 vehicles worldwide between January and March - up from just over 310,000 a year ago. Over the same period it produced 44,808 vehicles - more than it sold - after increasing production at new factories near Austin , Berlin and Shanghai.
Some 412,180 Model Ys and Model 3s were sold in the quarter - up almost 40% from the 295,324 sold a year ago.Tesla cut prices worldwide by as much as 20% in January, and made some further cuts in March. The 36% rise in vehicle sales falls short of the company's promise to increase deliveries by about 50% per year for the foreseeable future.
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