Earnings Preview: What To Expect From Tesla On Wednesday

A Tesla logo is seen at a charging station inside a mall in Shanghai on October 23, 2017. Tesla has reached an agreement with Shanghai authorities that would make it the first foreign automaker to build its own plant in China, putting it in the driver's seat in the world's biggest electric-vehicle market, the Wall Street Journal reported. / AFP PHOTO / CHANDAN KHANNA (Photo credit should read CHANDAN KHANNA/AFP/Getty Images)

Tesla Inc. is scheduled to release earnings after Wednesday's close. The stock just hit a record high of $389.61/share in September 2017 and is currently trading near $320/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down. To help you prepare, here is what the Street is expecting:

Earnings Preview:

Tesla Inc. is expected to report a loss of ($2.27)/share on $2.95 billion in revenue. Meanwhile, the so-called Whisper number is ($2.54). The Whisper number is the Street's unofficial view on earnings.

Company Profile & Various Businesses:

Here is a brief company profile courtesy of Thomson Reuters Eikon:

Tesla, Inc., formerly Tesla Motors, Inc., incorporated on July 1, 2003, designs, develops, manufactures and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains solar and energy storage products. The Company operates through two segments: automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, and sales of electric vehicles. The energy generation and storage segment includes the design, manufacture, installation, and sale or lease of stationary energy storage products and solar energy systems to residential and commercial customers, or sale of electricity generated by its solar energy systems to customers.

Earnings Preview:

Tesla Inc. is expected to report a loss of ($2.27)/share on $2.95 billion in revenue. Meanwhile, the so-called Whisper number is ($2.54). The Whisper number is the Street's unofficial view on earnings.

Company Profile & Various Businesses:

Here is a brief company profile courtesy of Thomson Reuters Eikon:

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