Tesla Stock Slips as Revenue, Adjusted Profit Fall Short of Estimates

Tesla (TSLA) shares fell 2.5% in extended trading Wednesday after the electric vehicle maker's fourth-quarter revenue and adjusted profit came in lower than expectations. Tesla posted net income of $2.32 billion, or $0.66 per share, on revenue of $25.71 billion. Analysts polled by Visible Alpha expected profit of $2.33 billion, or 66 cents per share, on revenue of $27.35 billion. Adjusted earnings per share (EPS) of $0.73 came in 5 cents below estimates. The results come after Tesla's Q4 deliveries and pro ...