[video] Quick Take: What to Expect From Tesla
NEW YORK (TheStreet) -- Tesla Motors
The company already pre-announced that it delivered 6,900 Model S units in the fourth quarter, which is 20% more than analysts had expected, TheStreet's Brittany Umar said.
But perhaps most interesting are the rumors of a takeover or partnership with Apple
They'll also be looking at gross margins, which came in at 21% last quarter. Musk has stated his goal is to get gross margins to 25%.
Wedbush Securities' analyst Craig Irwin, who has an outperform rating and $205 price target on Tesla, said investors should listen to the company's conference call for three things: Chinese orders, a new battery factory and the possible expansion of Model S production capacity.
The company is expected to earn 21 cents per share on revenue of $677 million.
-- Written by Bret Kenwell in Petoskey, Mich.