Tesla delivered a good earnings report, and no one saw it coming
by Russ Mitchell, Los Angeles Times
Nov 02, 2018
4 minutes
When a company beats Wall Street analysts' earnings expectations, its stock price tends to rise.
When Tesla announced third-quarter results last week, it didn't merely beat analyst expectations - it trounced them. Cable TV tickers flashed the news worldwide. The company's stock price didn't simply rise; it soared.
"They pulled this off very well," said Anton Wahlman, an investor who goes short and long in Tesla depending on the price of its volatile stock.
Now Wahlman, other Tesla investors, Wall Street analysts and anyone obsessed with Elon Musk's high-wire style all eagerly await the imminent release of the company's 10-Q report for
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