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    05.05.2016 11:13 Company News: Tesla Motors (TSLA) Q1 loss narrower than expected

    Tesla Motors reported Q1 FY 2016 loss of $0.57 per share (versus loss $0.36 in Q1 FY 2015), beating analysts' consensus of -$0.67.

    The company's quarterly revenues amounted to $1.602 bln ( 45.10% y/y), generally in-line with analysts' consensus estimate of $1.599 bln.

    TSLA rose to $232.50 ( 4.47%) in pre-market trading.

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