(Reuters) – Electric car maker Tesla Motors Inc (TSLA.O) said its third-quarter loss nearly doubled from a year ago to $75 million, as manufacturing, sales and development expenses increased to meet rising demand.
Revenue doubled to $852 million. The company delivered a record 7,785 Model S sedans in the quarter, most of them in North America.
Research and development spending climbed as Tesla added a new dual-motor version of the Model S and readied the Model X crossover for production in early 2015.
Tesla shares were up nearly 5 percent at $241.55 in after-market trading after closing on Wednesday at $230.97 per share.
