Tesla posted a first-quarter loss of 36 cents per share on $1.10 billion in revenue. Sales rose more than 50 percent from the year-earlier period.
The company planned to increase production by about 12% and manufacture 12,500 cars in the second quarter of 2015, but warned that a strengthening dollar would continue to hurt its bottom line.
Its China sales were less than expected, Tesla said that it was seeing a recovery in the market. It said it was still on track to sell 55,000 of its Model S and Model X cars in 2015.
Tesla is preparing for volume production of its recently launched line of home and business solar-powered storage batteries in the third quarter.