Tesla reported Q4 FY 2016 loss of $0.69 per share (versus loss of $0.87 in Q4 FY 2015), missing analysts' consensus estimate of loss of $0.53.

The company's quarterly revenues amounted to $2.285 bln (+88.2% y/y), beating analysts' consensus estimate of $2.204 bln.

The company confirmed that the Model 3 and solar roof launches are on track for the second half of the year. However, it noted, that since even a couple-week shift in timing could have a meaningful impact on total deliveries and installs, it is focusing its guidance on the first half of the year. Tesla expects to deliver 47,000 to 50,000 Model S and Model X vehicles combined in the first half of 2017, representing vehicle delivery growth of 61% to 71% compared with the same period last year.

TSLA fell to $265.89 (-2.79%) in pre-market trading.