Why Tesla’s Profit Win Streak Matters and Makes It Look Like Amazon

Tesla shares continue to defy gravity following a beat on Q2 expectations. Revenues for the quarter were $6 billion, above consensus of $5.2 billion. The big story, though, is that Tesla notched its 4th consecutive quarter for the first time ever. Non-GAAP EPS was $2.18 vs. consensus loss of $0.48.