Tesla's financial results fell short of expectations, but the company's shares are rising in price.

Automotive company Ilona Mask reported the results of the fourth quarter of 2015.

On electric vehicles, the company earned $ 1.75 billion, and the loss per share was $ 0.87 (about $ 107 million). The company's quarterly sales for the year increased by 59%, but losses for the same period increased by $ 0.13 per share. For 2015, Tesla spent approximately $ 889 million, or $ 6.93 per share. The company has $ 1.2 billion in liquidity in accounts, a year ago it was $ 1.9 billion.

Analysts had expected earnings per share (EPS) of $ 0.10 and total revenue of $ 1.81 billion.
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The company predicts sales from 80,000 to 90,000 models S and X in 2016, analysts - 76,200 units.

Tesla also marked in the calendar an event dedicated to Model 3, on March 31, 2016, and the delivery of new items to first customers in 2017.

During the main trading time, the company's stock quotes slipped by 3%, however, in After Hours (additional trading time outside the main trading platform), the price of securities increased by 4.23% by the time of the last update of the note.

It is worth noting that the additional trading time - the mentioned “After Hours”, are not a complete analog of the main trading time, and are much more volatile in price and less voluminous (in terms of securities) amount of trading operations. However, the exchange rate difference that has developed over time is applied to the current value for all paper owners at the time of the opening of the auction.

In simple words, tomorrow at 9 am (EST), Tesla shareholders will wake up with a portfolio of securities that is 4.23% more expensive.

Tesla quarterly sales: