Tesla’s quarterly revenue beats estimates but losses widen

Aug 2 (Reuters) – Electric-car maker Tesla Inc reported better-than-expected quarterly revenue and backed its delivery guidance for the second half of the year. Shares of the company, which said it was averaging over 1,800 net reservations per day for its mass-market Model 3 since the handover of the launch vehicles last week, rose as much as 5 percent to $342.1 in after-hours trading on Wednesday.