Tesla Q3 Earnings Preview: Troy Teslike, Gary Black Expects EPS To Fall Below Estimates But Dan Ives Is Optimistic About Elon Musk Addressing EV Demand, Autonomous Driving
Portfolio Pulse from Anan Ashraf
Tesla is expected to report its Q3 earnings, with analysts predicting a miss on EPS and gross margins. While some analysts are pessimistic, others are optimistic about future demand and autonomous driving strategies.
October 22, 2024 | 12:52 pm
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Tesla is expected to miss Q3 EPS and gross margin estimates, with analysts predicting a non-GAAP EPS of $0.55-$0.56, below the consensus of $0.6. Despite this, there is optimism about future demand and autonomous driving strategies.
Analysts expect Tesla to miss EPS and gross margin estimates, which could negatively impact the stock price in the short term. However, optimism about future demand and autonomous driving could mitigate some negative sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100