Tesla is literally flying high after Elon Musk’s successful rocket launch, which blasted a vehicle into outer space. Fourth-quarter earnings out Wednesday, however, still point to a number of challenges back here on Earth. Tesla reported fourth-quarter revenue of $3.3 billion and an adjusted loss of $3.04 a share. That just beat the analyst consensus loss of $3.11. But a year ago, the consensus for the fourth quarter was a loss of 17 cents a share.

Source: Wall Street Journal February 07, 2018 22:41 UTC