Tesla more than doubles Q1 revenue; Model 3 on track for July production start

Tesla reported quarterly revenue that more than doubled as record deliveries boosted sales, but posted a wider-than-expected first-quarter loss. The Palo Alto-based electric carmaker posted record deliveries of its Model X crossover and Model S sedan, helping revenue grow to $2.7 billion from $1.15 billion. The company’s net loss grew 17 percent from the $282 million it […]