Tesla reported a sharp drop in fourth-quarter deliveries, down 15.6% year-over-year to 418,227 vehicles. This decline is concerning given the high valuation of the stock. Energy storage deployments increased, but production slipped sequentially and annually. Investors are looking for guidance in Tesla’s upcoming financial results to gauge the company’s trajectory.

Read more at Nasdaq: Tesla Deliveries Plummet: What You Need to Know