US: Tesla beats estimates despite Q1 loss of US$48.9m

Tesla has reported a further net loss in the January-March 2011 period, although the result was better than consensus forecasts and the contribution from development services is providing an increasingly important boost to earnings. Tesla's total Q1 2011 revenue was US$49.03m, versus US$20.81m in Q1 2010, a rise of 135.6%, with Subscribe to Automotive World … Continued

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• May 5, 2011