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and enter the day. Today is Thursday, October 24th and we're breaking down Tesla earnings.

I'm your host Nick Saipel and today I'm joined by Motley Full Analysts Jim Gillies and Jim Mueller.

How's it going guys?

Hey Nick, how are you?

Glad to be here.

Yeah, Jim, Jim is joining us from Canada via Skype.

So if you hear a little bit of echoing in the background, that might be that technical stuff.

But yeah, so we're talking about Tesla today, the big news of the day.

Tesla shocked Wall Street last night, reporting quarterly profit of a $1.86 per share

really crushed consensus expectations for a loss of 23 cents a share.

That plus a surprising free cash flow print sent the stock up more than 20% after hours.

We'll dive into the details in a second, but just off the top guys, what was your immediate reaction to seeing these numbers come out?

We'll go Mueller first.

Well, my first word I can't say because it was so surprising. I expected

them to beat estimates but I did not expect them to post an actual profit.

No. I would say my reaction could be summed up as stunned curiosity.

Yeah.

There was a lot in there, and there's a lot to come out so but they certainly I think they

address the biggest problem facing them coming into the quarter which I think we'll get to

...