Tesla Inc.’s first-quarter loss widened as the Silicon Valley company cranked up spending before it attempts the critical shift from a niche luxury brand to a mainstream auto maker. The Palo Alto, Calif., company reported a loss of $330.3 million, or $2.04a share attributable to common stockholders, compared with a loss of $283 million, or $2.13 a share, in the year-earlier quarter. On an adjusted basis, the company’s...

Source: Wall Street Journal May 03, 2017 20:23 UTC