Sonu Kalra, a portfolio manager with Fidelity's Blue Chip Growth Fund, spoke to Henry Blodget about Tesla, and how his first time test driving one of their cars was an "iPhone moment" for him.

Of course, Tesla has recruited some of the top phonemakers' designers to work on the app. The Model S is packed with technology that is nothing short of mind-blowing. And this is just the beginning.

The Tesla Thesis: Tesla delivered a “rip the band-aid off 1Q,” with the disaster results widely expected by the Street following the weak quarterly delivery numbers, said Ives in a note.