Tesla Motors slides after its Detroit Auto Show appearance • 8:34 AM

Clark Schultz, SA News Editor

Tesla Motors (NASDAQ:TSLA) trades lower following Elon Musk's Detroit Auto Show talk as investors hone in on the pushed-out production timetable.

The EV automaker could introduce the Model 3 by 2017, but high-volume production on the car appears to be further down the road.

Musk sees a run-rate of a few million cars by 2025 and profits for the company by 2020.

There's a dose of reality on the costs of the Gigfactory as well. The state of Nevada is in for a "few" hundred million - not the $1.5B which has been bandied around.

Picking fights? Musk on Toyota's fuel-cell vehicles initiative: "If you're gonna pick an energy storage system, hydrogen is a dumb one."

Reaction: Baird calls the slide in Tesla shares a knee-jerk reaction and thinks investors should buy at current levels.

The investment firm has been in a solid defensive stance all week, titling a report on the GM electric Bolt development "I've Always Wanted a Chevy? We Think Not."

TSLA -8.9% premarket to $186.05 vs. the consensus analyst PT of $273.08.