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Tesla (TSLA) - Get Tesla Inc. Report shares were volatile in after-hours trading after the carmaker missed estimates on both revenue and earnings for the latest quarter. 

Tesla reported quarterly revenue of $4.54 billion and an adjusted loss of $2.90. Analysts polled by FactSet had been expecting revenue of $5.42 billion and an adjusted loss of $1.15 per share.

Additionally, Tesla reported that it produced roughly 63,000 Model 3 vehicles in Q1,  approximately 3% more than the previous quarter. In an earnings release, it attributed the modest increase to supplier limitations, fewer working days and changes to the production process.  

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Tesla warned investors in late February that it didn't expect a profit in the first quarter, which CEO Elon Musk pinned on unanticipated challenges in delivering vehicles to China and Europe.

Tesla shares are down 14.9% so far this year.