elon musk Mark Brake/Getty Tesla CEO Elon Musk



Tesla is set to report fourth-quarter earnings after the market closes on Wednesday.

Analysts expect another quarter of losses and cash burn at the company. The median forecast is for an adjusted loss per share of $3.16 on revenues of $3.28 billion, according to Bloomberg.

The company is working to keep the rollout of its Model 3 sedan on schedule, but has a history of missing its timelines and Wall Street's forecasts. Last month, Tesla said it delivered 1,550 of the mass-market cars in the fourth quarter, a little more than half of what analysts had expected. The company denied a report that an ongoing battery assembly issue could further delay production.

Tesla's shares gained 46% last year and are up nearly 10% year-to-date even after the broader stock market decline, giving the the company a market cap of $57 billion. The electric carmaker's valuation has been an eyesore for some on Wall Street who compare it to profitable giants in the auto industry like General Motors .

Options data compiled by Bloomberg show that traders anticipate as much as a 7.7% move in the stock after earnings.

This post will be updated as the earnings are released, more to come.

Get the latest Tesla stock price here.