U.S. small business borrowing stalls in March

By Ann Saphir

May 1 (Reuters) — Borrowing by small U.S. firms stalled in March, as business owners remained cautious about investing amid policy uncertainty, data released on Monday showed.

The Thomson Reuters/PayNet Small Business Lending Index for March registered 134, down 1 percent from last March. The index was up 4 percent from February, which had four fewer working days.

Doesn’t seem to scale very well…


Tesla said net loss attributable to common shareholders widened to $330.3 million in the first quarter ended March 31, from $282.3 million a year earlier. On a per-share basis, net loss narrowed to $2.04 per share from $2.13 per share.

Excluding items, the company lost $1.33 per share. Analysts on average had expected a loss of 81 cents per share, according to Thomson Reuters I/B/E/S.

Revenue more than doubled to $2.70 billion from $1.15 billion, and edged past analysts’ average expectation of $2.62 billion.