Tesla Motors Inc. (TSLA) reported second quarter non-GAAP EPS of $0.20 after the close Wednesday, up from $0.12 in the prior year period. The consensus estimate was for a loss of $0.17. Total revenue for the second quarter jumped to $405.14 million from $26.65 million in the same quarter last year. The consensus estimate was for revenue of $383.40 million.
Tesla Motors gapped open dramatically higher Thursday, but traded in a range throughout the session. The stock finished with a gain of 19.25 at $153.48 on above average volume. Tesla Motors surged to a new high for the year.
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