After Wednesday's closing bell, Tesla Motors (TSLA - Analyst Report) reported earnings results for its first quarter. The electric car giant reached -$0.70 per share (accounting for stock-based compensation) on revenues of $1.1 billion, both better than the expected -$0.81 per share and $1.07 billion anticipated in sales.

Tesla delivered a record 10,045 new cars in Q1, slightly more than expected, and anticipates a 12 percent increase in Q2 shipments to 12,500. Further, the company announced that the long-awaited Model X SUV remains on target for its first deliveries to be in late Q3. Finally, its gross margins were announced to be on target for the reporting quarter, even with a strong dollar affecting sales overseas.

Shares for Tesla are up 2.75 percent upon the earnings announcement but prior to the company's conference call, at which time CEO Elon Musk often hosts Q&A sessions for more than an hour. Much will be made of Tesla's fledgling battery business from its gigafactory, though in the company's letter to shareholders, Tesla announced that the total addressable size for the battery business is "enormous."

Musk will likely go into some detail about his company's "secret weapon" for demand generation and the "missing piece" to Tesla's sustainable future, which the company has been hinting about for the past week or so. We shall see if the conference call indeed brings forth a revelation that may shoot Tesla shares even higher. Currently the company trades at roughly 30x book value.

Also, Keurig Green Mountain (GMCR - Analyst Report) reported fiscal Q2 earnings after the bell today, narrowly missing on the bottom line with earnings per share of $1.03, as opposed to the $1.05 expected. This marks the company's second-straight earnings miss. Revenues were also lower: Keurig posted sales of $1.13 billion in the quarter, down from the $1.15 billion expected in the Zacks consensus estimate.

2015 has been a tough year for Keurig so far, with shares having tumbled -18 percent year to date even before the 2.85 percent drop in after-hours trading. Fiscal year guidance was also lower than our anticipated guidance of $1134 million for fiscal Q3. With a conference call coming up at 5:00pm ET, investors may have some serious questions about how this company seems to be losing its head of steam from a year ago.

Prior to the earnings announcements, both Tesla and Keurig -- two companies that have emerged in their present form since the turn of the century -- held a Zacks Rank #3 (Hold). We'll see what happens with analysts revisions for both companies following each conference call addressing future challenges and opportunities.