The company delivered 10,045 vehicles in the quarter, slightly higher than an estimate of 10,030 the company announced last month. Tesla expects to deliver about 55,000 cars this year, with deliveries for the Model X slated to start in the third quarter.
"There are huge advance orders for the X and we see a steady climb in demand for the S," Tesla CEO Elon Musk said in the company's conference call after results Wednesday.
Tesla said it took a $22 million hit from revaluation of foreign currency holdings due to a stronger U.S. dollar. The company expects the dollar will affect Model S transaction prices in the second quarter, and it announced a 5 percent price hike in most European markets in the third quarter and later.
Tesla is preparing for volume production of its recently launched line of home and business solar-powered storage batteries in the third quarter. Production will "accelerate significantly" by the first quarter of 2016, Tesla said in a release.
Read MoreTesla launches batteries for homes, business and utilities
Tesla has received about 38,000 PowerWall battery reservations, Musk said in the call Wednesday. He called reaction to the product "crazy."
The batteries will cost $3,000 to $3,500 for installers.