Tesla (TSLA) announces Model S sales of more than 4,750 units, exceeding mid-February guidance...

|About: Tesla Motors (TSLA)|By:, SA News Editor

Tesla (TSLA) announces Model S sales of more than 4,750 units, exceeding mid-February guidance of 4,500. As a result, the company ups Q1 earnings guidance, now expecting to be profitable on both a GAAP and non-GAAP basis. The small battery option for the Model S will not enter production due to lack of demand. (PR)