I want this company to go-go-go. I have yet to see one in living color. It is an uneasy market: So I guess they had less revenue than everyone thought they should but still did well enough to push the new model year?Q2 revenue that was below consensus but beat on the bottom line, and reaffirmed its outlook for the year.
Sounds that way to me. More often than not the "consensus" is a number put forth to sure-up valuations at the time of announcement. Everybody wants double digit growth but in an industry like this, in an economy like this, avoiding the red should be applauded. If they're doing well enough to post those numbers and reinvest in things like charging stations across the country, they will be sitting pretty when the economy rebounds, the upper-middle class re-emerges and more people can afford a $60k car.