Tesla (TSLA - Get Report)  on Wednesday reported a net loss of $1.33 per share, well below the 81 cent per share loss analysts were expecting the company to report.

The company also reported revenue of $2.7 billion, which topped the $2.62 billion Wall Street was expecting for the period. 

Tesla set a record for deliveries in the quarter, delivering 25,051 vehicles. 

The company also said that its Model 3 vehicle development is nearly complete and that test production has led to road testing. 

Check out our live blog of Tesla's earnings call here.