Electric car maker Tesla Motors TESLA INC.
delivered more vehicles in the third quarter than it had previously estimated, helped by the rollout of the Model X SUV.
Shares of the Elon Musk-led company jumped 7.5% in extended trading.
Tesla said on Tuesday it had delivered 11,603 vehicles in the quarter, slightly more than 11,580 it estimated in October.
The company said it expected to deliver 17,000-19,000 vehicles in the current quarter.
Tesla started delivering the Model X Signature series, a premium version of the Model X SUV, late in September. The company said it would launch the Model 3 – a mass-market vehicle starting at $35,000 – in March.
The company’s net loss widened to $229.9 million, or $1.78 per share, in the quarter ended Sept. 30 from $74.7 million, or 60 cents per share, a year earlier.
Total revenue rose 10% to $936.8 million.
Excluding items, Tesla had a loss of 58 cents per share.
The California-based shares were trading at $224 after the bell.