Tesla ticks higher ahead of earnings
Tesla is up 0.1% at $277.66 a share on Wednesday morning ahead of its 2016 fourth-quarter earnings which are due out after the bell.
Tesla shares have been rallying since the beginning of the year, and hold close to their all-time highs.
Analysts expect the company to lose $1.14 per share on an adjusted basis on revenue of $2.13 billion, according to Bloomberg.
Business Insider's Matthew DeBord says it's a weird time for the company. Tesla combines a record of quarterly losses with one of missed vehicle launches and of guiding high on deliveries and missing. Yet its market cap of $44 billion is closing in on Ford's.
Ahead of the earnings call, investors will be looking at 2017 deliveries guidance, the timing of Tesla's Model 3 launch, and more information on riding hailing service and Uber competitor Tesla Network.
See Also: Expect Tesla earnings to be downright weird
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