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Elon Musk, Tesla Chairman, Product Architect and CEO, speaks at the Automotive News World Congress in Detroit, Tuesday, Jan. 13, 2015. (AP Photo/Paul Sancya)The Associated Press

Tesla Motors Inc. fell in extended trading after the electric-car maker led by Elon Musk reported a quarterly loss when analysts had predicted a profit.

The fourth-quarter loss, excluding certain items, was 13 cents a share, the company said in a letter to investors posted on its website. Analysts had estimated 32 cents a share, on average, according to data compiled by Bloomberg.

Tesla, the youngest and smallest publicly traded U.S. automaker, is seeking to make electric cars for the masses by boosting production with the construction of a battery factory near Reno, Nev. The company faces some headwinds at home and abroad. In the U.S., the lowest gas prices in more than five years have made traditional cars more attractive to U.S. drivers. Meanwhile, sales in China have slowed amid consumer perception that home charging is difficult.

Tesla said it expects to deliver 55,000 Model S and Model X vehicles in 2015. In November, Mr. Musk said he anticipated delivering 50,000 Model S cars.

Tesla shares fell 4.4 per cent to $203.54 at 5:17 p.m. New York time. The stock gained 48 percent last year.

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