Investors in the after-hours markets drove Tesla shares up more than 12 percent to a 52-week high of $150.90. Tesla started the year trading at about $33 per share before a string of announcements generated interest in the stock and put the squeeze on short sellers who had bet the Model S would be a dud.
Have to say, there is some remarkable stuff in there:
Financial analysts joined Musk on a mid-afternoon conference call to discuss the results and did not seem bothered by their huge forecasting miss. One analyst asked Musk for his take on BMW’s (BMW:GR) electric i3. “I think there is room to improve on the i3, and I hope they do,” Musk said. At which point the analyst broke into a fit of giggles, only to be joined by Musk. This went on for some time.
This is BMW we're talking about, for many one of the pinnacles of German engineering..