Tesla Q3 earnings tonight: profit margins in the spotlight
Tesla (TSLA) will report its quarterly financial results after the market closes. With delivery figures already out, all eyes are now on profit margins and updates on Full Self-Driving (FSD) and AI.
🔍 Wall Street consensus:
▫️ Revenue estimates: around $28.0 billion to $28.1 billion.
▫️ Earnings per share estimates: around $0.45 per share.
▫️ Key areas of focus: the automotive gross margin (excluding regulatory credits), updates on the launch of the Robotaxi service, and progress in developing lower-cost electric vehicle models.
⚠️ Earnings announcements from high-beta tech companies often trigger major volatility in markets, whether stocks or cryptocurrencies!
Do you expect TSLA to rise 🐂 or fall 🐻 after the earnings announcement?
$TSLA A
Tesla (TSLA) will report its quarterly financial results after the market closes. With delivery figures already out, all eyes are now on profit margins and updates on Full Self-Driving (FSD) and AI.
🔍 Wall Street consensus:
▫️ Revenue estimates: around $28.0 billion to $28.1 billion.
▫️ Earnings per share estimates: around $0.45 per share.
▫️ Key areas of focus: the automotive gross margin (excluding regulatory credits), updates on the launch of the Robotaxi service, and progress in developing lower-cost electric vehicle models.
⚠️ Earnings announcements from high-beta tech companies often trigger major volatility in markets, whether stocks or cryptocurrencies!
Do you expect TSLA to rise 🐂 or fall 🐻 after the earnings announcement?
$TSLA A