Tesla Motors Posts Q4 Adj. Loss Per Share Of $0.13 - Quick Facts

(RTTNews) - Tesla Motors, Inc. (TSLA) reported a fourth-quarter net loss of $107.63 million or $0.86 per share, compared to a loss of $16.26 million or $0.12 per share, prior year. Adjusted net loss was $16.21 million or $0.13 per share, for the quarter.

On average, 18 analysts polled by Thomson Reuters expected the company to report profit per share of $0.31 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $956.66 million from $615.22 million last year. Non-GAAP revenues were $1.10 billion. Analysts expected revenue of $1.23 billion for the quarter.

The company built 11,627 vehicles in its fourth quarter, thus achieving production target of 35,000 Model S vehicles in 2014. In 2015, the company expects to deliver about 55,000 Model S and X vehicles, representing more than a 70% increase over 2014 deliveries. The company expects first quarter production to be about 10,000 vehicles.

The company expects to achieve a significantly higher level of non-GAAP profitability in 2015 than 2014.