Tesla falls short of its projected vehicle deliveries for 2016

Tesla said it conveyed around 76,230 vehicles in 2016, missing the mark concerning the 80,000 vehicle projection it set for the year in its final quarter profit report toward the start of the year.

It's a slight miss, and it doesn't appear as though one that is made Wall Street all that surprise. The organization in October reported that it had made a benefit in the second from last quarter, saying despite everything it wanted to transport around 50,000 in the second 50% of the year. So it appears like that projection may have been somewhat forceful, however not shockingly so. Shares of Tesla are down around 2%.

"Our Q4 conveyance consider ought to be seen somewhat traditionalist, as we just consider an auto conveyed in the event that it is exchanged to the client and all printed material is right," the organization said in its declaration.

Along these lines, there's some subtlety here. While despite everything it missed its objectives, Tesla refered to creation challenges through the quarter "from the move of the new Autopilot equipment." That prompted to generation happening all the more vigorously toward the end of the quarter, Tesla said. Adding to that note, 6,450 vehicles were in travel toward the end of the quarter, which will be checked in its Q1 conveyances, the organization said.