Tesla, with this report, is looking much more like a mature company that is attractive to traditional investors. They have a 'headwind' in that they're selling

Tesla, with this report, is looking much more like a mature company that is attractive to traditional investors. They have a 'headwind' in that they're selling less expensive cars, leasing more, and continuing large expansions in manufacturing (gig 3) and service. Nevertheless, they've reigned in costs and are putting up disciplined profits just the same. Their results are aggressive, but calculated. It's a far different situation from the 'bet the company' roll-out of the Model 3. They weathered the storm, and are doing what they can to provide confidence to investors. The last earning report was their first indication of being 'through the woods'. This more-or-less confirms the trend, so you can start looking ahead. Tesla has several very interesting projects going forward, and now it looks like they have the core business they need to sustain that. It's very easy to read this as an inflection point. The last inflection was the Model 3 announcement. Things were looking optimistic, and share prices reflected that. But the Model 3 launch was anything but smooth, and there was a reasonable argument to be made that Tesla would fall, not merely stumble. My guess; reasonable numbers from China will drive a new ATH.