Tesla loss per share came in one penny less than expected, EPS $(0.57) vs $(0.58) estimate.
Shares are ripping after hours after the company affirmed their fiscal year 2016 delivery guidance of 80-90k vehicles.
Q1 deliveries we 14,81k.
The company is growing because rich people are sick of the bullshit they’re forced to put up with when it comes to oil and gas. Once they price a car into the millennial’s budget, growth trajectory will take on the proverbial hockey stick shape. Millennials hate cars, choosing instead to spend money on smart phones and Uber. But they will buy Tesla cars.
Watch.
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