Tesla Motors (NASDAQ: TSLA) Buy or Sell?

Luxury electric vehicle maker Tesla Motors (NASDAQ: TSLA) failed to wow investors when it reported first-quarter results last week. A sell-off followed that took the stock down to a technically critical level.
Purely looking at the numbers, Tesla did well. The company came in with non-GAAP EPS of $713 million, which handsomely beat expectations of $699 million. Tesla also beat on the bottom line, reporting earnings per share (EPS) of $0.12 versus the $0.10 estimated by analysts. In the quarter, Tesla delivered 6,457 cars, slightly beating its guidance of 6,400, and it produced a record 7,535 vehicles.  (more)

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