Tesla just reported fourth-quarter and full-year earnings.
Revenue was a miss at $1.1 billion, but EPS was a big miss. Tesla lost $0.13 per share.
Analysts expected Tesla to generate $1.22 billion in revenue and earn $0.32 per share for the quarter, according to Bloomberg.
Tesla produced almost 12,000 cars in the quarter. But it delivered fewer than the 11,200 deliveries it provided as guidance: 9,834.
Some deliveries were pushed to the first quarter of 2015, the company said in a statement.
However, the company did achieve its production target of 35,000 vehicles for 2015.
A big question has whether demand is weakening for Tesla's Model S, currently the only car the company sells. Things now look more or less okay in the US, although Tesla expected to deliver 35,000 cars in 2014 and managed less than that.
The story could be different outside the US. On Tuesday, Reuters reported that Tesla sold only 120 cars in China in January, a significant drop from a 500-per-month average in a major growth market for the carmaker.
Citing an internal memo, Reuters reported that Tesla CEO Elon Musk was putting China managers on notice for disappointing results in the region.
Tesla's next car, the Model X SUV, is slated to arrive in mid-to-late 2015. The company said that it expects to sell 55,000 Model S and Model X units during the year.
Tesla shares traded down slightly on Wednesday, below the Wednesday close of $216. After hours, shares were down 3%.
In 2015, shares have been well off their 2014 peak of $291.
Analysts who cover the stock have widely varying target prices, ranging from $65 at Bank of America to $400 at Stifel Nicolaus.
