Earnings Preview: What To Expect From Tesla On Wednesday

The SpaceX Falcon Heavy takes off from Pad 39A at the Kennedy Space Center in Florida, on February 6, 2018, on its demonstration mission. The world's most powerful rocket, SpaceX's Falcon Heavy, blasted off Tuesday on its highly anticipated maiden test flight, carrying CEO Elon Musk's cherry red Tesla roadster to an orbit near Mars. Screams and cheers erupted at Cape Canaveral, Florida as the massive rocket fired its 27 engines and rumbled into the blue sky over the same NASA launchpad that served as a base for the US missions to Moon four decades ago. / AFP PHOTO / JIM WATSON (Photo credit should read JIM WATSON/AFP/Getty Images)

Tesla Inc. is scheduled to release earnings after Wednesday's close. The stock hit a record high of $389.61/share in September 2017 and is currently trading near $334/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:

Gallery

14 Cars And SUVs With Self-Driving Systems Under $30,000

Launch Gallery

14 images

Earnings Preview:

Tesla Inc. is expected to report a loss of ($3.10)/share on $3.30 billion in revenue. Meanwhile, the so-called Whisper number is ($3.22/share). 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.

Gallery

14 Cars And SUVs With Self-Driving Systems Under $30,000

Launch Gallery

14 images

Earnings Preview:

Tesla Inc. is expected to report a loss of ($3.10)/share on $3.30 billion in revenue. Meanwhile, the so-called Whisper number is ($3.22/share). 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:

Let's block ads! (Why?)