The electric car maker fell short of CEO Elon Musk's to boost vehicle shipments by 50% nearly every year.
Cowen and Co. analyst Jeffrey Osborne expected investors to focus on missing the delivery target, but he only saw modest negative reaction"following acute weakness the past few weeks on production cuts in China and discounting."
In an apparent effort to shore up the stock price, Tesla announced Monday that it would hold an investor day event on March 1 at its factory near Austin. Investors will be able to see Tesla's production line, discuss expansion plans and see the platform that will go beneath Tesla's next generation of vehicles. for the world's wealthiest person, according to Forbes.
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