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Green Car Congress: Tesla posts $154M GAAP loss, $45M non-GAAP loss in Q1 on record deliveries; confident in 55K total deliveries this year

Tuesday, May 12, 2015 12:25
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(Before It's News)

In its Q1 2015 financial report, Tesla Motors said it produced 11,160 vehicles in Q1 (10% better than guidance, at an average of 1,000 cars per production week); delivered 10,045 (worldwide), a quarterly record; and posted a $ 154-million GAAP net loss (non-GAAP net loss of $ 45 million). The Q1 GAAP net loss was 43% greater than the Q4 2014 GAAP net loss and 210% greater than GAAP net loss in Q1 2014.
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Source: http://evmeme.com/2015/05/green-car-congress-tesla-posts-154m-gaap-loss-45m-non-gaap-loss-in-q1-on-record-deliveries-confident-in-55k-total-deliveries-this-year/

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