NEW YORK ( TheStreet) -- Leading up to Tesla's ( TSLA) quarterly report, I was under the impression that the consensus was overwhelmingly bearish. Short interest was high, and there is no shortage of opinionated articles proclaiming electric cars to be terrible, dead and uninvestable.With this type of background, a mediocre quarterly report would be enough for a stock to trade up, in a neutral market. Yet, it got smacked 8.77% yesterday. What gives? My question implies that I think it was, on the margin, incrementally speaking, a positive quarterly report. Here is why I think so: The fear going into the quarter had primarily been around the bottom line outlook for 2013, and whether Tesla would have to launch another follow-on equity offering in order to fund the heavy working capital requirements. This did not happen. Yes, I'm looking at you, John Petersen.