Why? Because he's not a bean counter. He thinks about the big picture. He conducts on-the-ground research in Silicon Valley, among other places. And his hard work produces some of the best articles on TheStreet.
Prior to earnings,
The only thing that matters in this report is that they have accelerated profitability by 9 months (4Q13 to 1Q13) while maintaining the 2013 sales goal of 20,000 cars. This is a clear incremental positive.
Everything else is noise ...
Wahlman stayed consistent not because he wants to be right, but because he is right. There's a relatively small, yet meaningful difference between the two things.Investors misunderstand some stocks to the upside. Netflix (NFLX) -- prime example. Though I don't agree, others consider Amazon.com (AMZN) the poster child. Other companies/stocks get misunderstood to the downside. Pandora (P), though on a nice run of late, and Apple (AAPL) come to mind, but there's no stock more misunderstood -- whether it's going up or down -- than TSLA. Tesla's different for many reasons; in particular, because it's more of a political battleground than a Wall Street battleground. It's bad enough when
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