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Tesla posts less than expected Q1 loss

Tesla posted a first quarter loss of 57 cents per share on revenue of $1.6 billion. Analysts were looking for a loss of 58 cents a share on sales of $1.6 billion. Last year, Tesla lost 36 cents per share on sales of $1.1 billion in its first quarter.

http://www.wbir.com/video/4878921236001/1/Tesla-posts-less-than-expected-Q1-loss http://videos.usatoday.net/Brightcove2/29906170001/2016/05/29906170001_4878365480001_4878304137001-th.jpg?pubId=29906170001 Tesla posts less than expected Q1 loss Tesla posted a first quarter loss of 57 cents per share on revenue of $1.6 billion. Analysts were looking for a loss of 58 cents a share on sales of $1.6 billion. Last year, Tesla lost 36 cents per share on sales of $1.1 billion in its first quarter. automotive industryTeslaelectric cars 00:56

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