54% Of Readers Surprised By Tesla Motors Inc Stock's Surge

Tesla Motors Inc (NASDAQ: TSLA) shares rose over 6 percent Thursday, despite missing consensus for earnings and revenue. The automaker's surge came on the back of better-than-expected delivery guidance and a Gigafactory update.Tesla expects first quarter unit deliveries to be 16,000 cars, adding that it plans to deliver between 80,000 and 90,000 new Model S and Model X vehicles in 2016. That Q1 figure is above the reported Wall Street consensus of 15,200. No consensus information is available for full-year unit production.The company fell short of revenue projections and posted a loss per share of $0.87 when consensus saw them at a $0.10 profit. Analysts were generally pleased, however, as the increased unit guidance indicates it could deliver on its long-held promise. Some pointed to problems in the Model X rollout that they believe demonstrated potential execution risks.Related Link: Tesla Shares Rev Up With Analyst ConfidenceReaders seemed a bit confused by the stock's reaction.According to a Benzinga poll, 54 percent said they were surprised by Tesla's surge. Thirty-four percent agreed with the reaction based on the company's guidance. Twelve percent were undecided.Tesla's stock traded recently at $153.84, up 7 percent.