Analysts had called for Q4 earnings per share of 10 cents excluding various items. But Tesla reported an adjusted loss of 87 cents instead, deepened from 13 cents a year earlier. Tesla revenue rose 59% to $1.75 billion in Q4, short of the $1.79 billion Wall Street view.
However, Tesla expects to deliver 80,000 to 90,000 new Model S and Model X vehicles in 2016, above the 80,000-85,000 vehicles that Tesla had previously anticipated.
Tesla delivered 50,658 vehicles in 2015. That includes 17,478 vehicles in Q4, with 206 of the new Model X crossover SUV.
TSLA was recommended in Cabot Stock of the Month in December 2011 at 29. Shares are currently trading at 154.