Tesla CEO Elon Musk reacts throughout a dialog on the E3 gaming conference in Los Angeles, June 13, 2019.Mike Blake | Reuters(This story is for CNBC PRO subscribers solely.)Wall Street analysts say that, for now, it appears to be like like shares of Tesla are going to proceed their upward trajectory after the corporate reported its second-quarter earnings outcomes on Wednesday after the bell.The automaker beat on each the highest and backside line but in addition recorded a fourth straight revenue, making it eligible for inclusion within the S&P 500. The corporate additionally introduced it could construct its subsequent Gigafactory in Texas and reaffirmed its 2020 supply steerage.Whereas analysts appreciated the second-quarter earnings beat, most urged warning on a stock they are saying has come too far, too quick.The shares, that are up 280% this 12 months, have been on a large run pushed partially by short-sellers having to cowl their bets and analysts revising their price targets upwards. As well as, Tesla introduced higher-than-expected second-quarter deliveries again on July 2.Tesla stock is up over 5% in premarket buying and selling Thursday to $1,679.50.Here is what Wall Street analysts are saying concerning the firm’s earnings report:
