Electric vehicle maker Tesla first posted full-year net profit in 2020 but its fourth-quarter profits disappointed, knocking the share down 5% on Wall Street.
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The group posted a net profit of 270 million dollars from October to December.
Adjusted on a per share basis and excluding special items, this comes down to 80 cents where analysts had expected $ 1.01.
The group has also announced that it wants to increase its deliveries by 50% on average per year for several years.