Growing pains hit Tesla’s Q1

Tesla's Q1 loss tripled to US$154m (GAAP reporting) but it hasn't dented management or investors' optimism. The message from company Chief Executive Elon Musk and his colleagues in the earnings conference call was one of great anticipation for future projects and business growth. The growing pains, however, were clearly felt in the January-February period this year. By non-GAAP standards, the loss came in at US$45m, or US$0.36/share, better than the US$0.50/share generally expected.