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Why Tesla Earnings Can Bring Analysts and Investors Back to the Table

Tesla Motors Inc. (NASDAQ: TSLA) reported strong results in its most recently quarterly filing, and investors have fallen in love with this stock again. The electric car maker posted an adjusted diluted loss per share of $0.58 on adjusted revenues of $1.24 billion. In the same period a year ago, the company reported adjusted earnings per share (EPS) of $0.02 on revenues of $932.35 million. Third-quarter results also compare to the consensus estimates of a per-share loss of $0.50 and $1.26 billion in revenues.

The carmaker built 13,091 vehicles in the quarter, including a few of the carmaker’s new Model X crossover sport utility vehicle (SUV). Tesla delivered 11,603 vehicles in the quarter, slightly above its estimated deliveries of around 11,500. The company directly leased 494 cars to customers in the first quarter...