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LIVE: TESLA ANNOUNCES EARNINGS

Mamta Badkar   

LIVE: TESLA ANNOUNCES EARNINGS

elon musk, tesla

AP Photo/Paul Sancya

Tesla reports Q4 earnings after the bell.

Analysts polled by Bloomberg are looking for the electric car maker to report adjusted earnings of $0.25 per share, on revenue of $713.50 million.

On a generally accepted accounting principles (GAAP) basis, Tesla is expected to post a loss of $0.02 per share.

During the Detroit Auto show, Tesla announced that the company delivered 6,900 Model S vehicles in the quarter. This was much higher than the 6,000 vehicles management had targeted.

Elon Musk has previously said the Tesla is production constrained not demand constrained, so the number was crucial from that point of view.

We will be watching for some other key metrics like their 25% gross margin goal, without the zero emission vehicle (ZEV) credits. We will also be watching for any commentary of Generation 3 vehicles.

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