Tesla's Quarterly Results: What Should Investors Expect?

Tesla's Quarterly Results Are Coming

The electric vehicle pioneer Tesla (NASDAQ:TSLA) will announce its financial results this Wednesday afternoon. In this process, there are some important insights available for investors.

In the last quarter, Tesla reported revenues of $22.5 billion, falling 1.1% short of analysts' expectations. This figure represents an 11.8% decline year-over-year. It was a disappointing quarter for the company, as it failed to meet both revenue expectations and profit targets.

Before the results, is it time to buy or sell Tesla? We have a more comprehensive analysis available regarding the company's situation. Accessible for free to Active Edge members.

For this quarter, analysts expect Tesla's revenue to rise 5.6% year-over-year to $26.59 billion. This is below the 7.8% increase recorded in the same quarter last year. Adjusted earnings per share are expected to come in at $0.55.

In the last 30 days, experts analyzing the company have generally reaffirmed their forecasts. This situation indicates that analysts believe things will go well during the announcement of results.

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