Shawdesh Desk:

US electric car manufacturer Tesla shipped a record number of more than one million cars over the past year, according to figures published Saturday.

The company delivered 1.06 million cars from April 2021 to March 2022, including more than 310,000 cars in the first quarter of this year alone, which is 67 percent higher than over the same period last year.

Still, the figure fell short of analysts’ expectations of 317,000 cars, according to data compiled by FactSet.

Deliveries are considered similar to sales figures published by other manufacturers.

Growth, however, slowed sharply in recent months for the Austin, Texas-based company, with deliveries rising a minuscule 0.4 percent since the fourth quarter of last year.

The number of vehicles produced is also slightly down against the previous quarter (-0.1 percent).