Tesla stock sellers should pump their brakes, 5-star analyst says

Despite surprise top- and bottom-line beats, Tesla shares took a bit of a haircut this week immediately following the release of its third-quarter results. Investors who dug beneath the surface seemingly weren’t that impressed with the 48 cents per share in profit (vs. 43 cents exp.) and $28. 05 billion (vs. $27. 9 billion exp.) that the electric vehicle maker reported for the period. That may be because the further you dig, you find that revenue was slightly down year over year, as core automotive revenue declined 3% and energy revenue fell 16%.