Tesla Beats The Street With 6,457 Cars Delivered, Model X And Battery Factory On Track

Tesla beat every number that mattered, reporting revenues of $713 million and earnings of $0.12 per share while delivering 6,457 vehicles -- slightly more than its guidance (but below the 6,900 in the prior quarter as expected). Still, the stock is sliding after hours, down about 6%. Investors must have been looking for even better results as gross margins were up to a record this quarter, increasing sequentially despite Tesla's decision to add new titanium underbody shields to further protect i...