Tesla reported lower-than-expected profit and record revenue, mixed results that disappointed investors used to razzle-dazzle from the newly minted member of the S&P 500 Index.
The electric-vehicle market leader reported an adjusted fourth-quarter profit of 80 US cents a share on Wednesday (Thursday AEDT), falling short of analysts’ consensus for $US1.03 and well below the blowout result a year earlier -- before the global pandemic set in.
