Tesla CEO Elon Musk warned investors the EV maker, facing slower U.S. sales and rising capital outlays overseas, expects to lose money again in the second quarter but return to profitability in the third quarter. In one positive sign, automotive revenue rose 36 percent to $3.7 billion in the first quarter. Source: http://feeds.feedburner.com/autonews/BreakingNews

Tesla CEO Elon Musk told investors Wednesday the EV maker, facing slowing U.S. sales and rising capital outlays overseas, expects to loss money in the second quarter but return to profitability in the third quarter. In one positive sign, automotive revenue rose 36 percent to $3.7 billion in the first quarter. Source: http://feeds.feedburner.com/autonews/BreakingNews

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