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Tesla surged after reporting its best first-quarter delivery numbers ever, despite disruptions from the COVID-19 pandemic. The Palo Alto, California-based electric-vehicle maker delivered 88,400 vehicles in the quarter, easily exceeding the consensus estimate of 79,908. Shipments increased from about 63,000 vehicles a year earlier. Tesla delivered 76,200 Model 3/Model Y vehicles and 12,200 Model S/Model X vehicles. Its Shanghai production plant “continued to achieve record levels of production, despite significant setbacks," the company said. The COVID-19 pandemic has caused governments around the world to issue “stay-at-home” orders, leading to the temporary closure of non-essential businesses, including the company’s Shanghai and Fremont, California, production plants.