Tesla Motors Inc. TSLA, +4.42% late Wednesday reported an adjusted net loss of $45 million, or 36 cents a share. That compares with adjusted earnings of 12 cents a share a year ago. The electric-car maker reported a GAAP net loss of $154 million, or $1.22 a share. Both figures include a $22 million loss, or 17 cents a share, to account for a stronger dollar, the company said. Analysts polled by Factset had expected Tesla to report an adjusted first-quarter loss of 50 cents a share. The company reported adjusted revenues of $1.1 billion. The analysts surveyed by FactSet had expected sales of $1.04 billion for the quarter, after $713 million a year ago.