Tesla stock was down as much as -4.76 percent in after hours trading Wednesday as the company missed earnings expectations and fell short of Model S sales last quarter.
Street chatter indicates that while the results weren't terrible, there was little to change the minds of doubters.
Tesla revenues came in at $306 million, beating analysts' expecations.
But earnings missed at $-0.65.
Analysts expected $298,400,000 in revenues for the Palo Alto-based carmaker, according to Yahoo .
Earnings were expected to come in at -$0.53, compared with $-0.69 a year ago.
The company said it delivered approximately 2,400 Model S vehicles. That's a bit short of analysts expectations.
Ben Kallo, a senior research analyst at Robert W. Baird, expected 3,013, according to the San Jose Mercury News.
The company says it plans to deliver about 20,000 Model S units in 2013, with 4,500 deliveries in Q1.
Tesla watchers say this was a huge quarter for the company.
In November, Tesla said it was on track to deliver 2,500 to 3,000 units of the all-electric Model S sedan in the fourth quarter after delivering just 250 cars in the third quarter.
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