Tesla's Blowout Q4 Results Highlight Accelerated Pace of Execution

Shares of Tesla (NASDAQ: TSLA) jumped more than 10% in after-hours trading on Wednesday, following the electric-car maker's fourth-quarter earnings report. Fueled by record vehicle deliveries, Tesla handily beat analyst expectations for revenue and adjusted earnings per share and raked in more than $1 billion of free cash flow.

Furthermore, the company provided optimistic updates on growth initiatives, including the start of Model Y production, strong demand for Model 3 in China, and more.

Here's a closer look at the quarter's results. 

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Source Fool.com