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