The Traderszone Network

Published in TZ Latest News 6 May, 2015 by The TZ Newswire Staff

Tesla drives higher as automaker logs narrower-than-expected loss

Tesla Motors Inc. climbed in extended trading after the electric-car maker reported a narrower first-quarter loss than analysts estimated and reiterated its full-year vehicle sales forecast. The loss excluding some items was 36 cents a share, the Palo Alto, California-based company said Wednesday in a letter to investors posted on its website. The average of estimates compiled by Bloomberg was for a 49-cent loss.

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