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In Spite of Big Loss in Q4 Tesla’s Shares Increased over Rosy Outlook

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On Wednesday, Tesla Motors reported its fourth quarter earnings reports that missed the analysts' estimates. However, the electric car maker gave a rosy outlook for 2016 to its investors offering reassurances that production of its new models is on track. During the afterhours trading, the company's shares scaled fourteen percent at a point in spite of the losses in the Q4.

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