Tesla Earnings: What to Expect Today—and What They’ll Mean for the Stock

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Margins and pricing will be in focus when the company releases its results after Wednesday's close.

Tesla is the most valuable auto stock in the world and one of the most volatile stocks in the U.S. market. It’s also led by the world’s richest human. That combination always makes Tesla earnings a must-watch.

Tesla has cut prices—significantly—several times in the past few months to help drive more sales volume as interest rates rose, the economy slowed, and EV competition heated up. The strategy has helped year-to-date volumes jump about 45% year over year, and Wall Street is looking for earnings per share of 72 cents from sales of $23.9 billion.

“The key items we are watching from the results are margins in light of the lower volume and pricing,” says Ivana Delevska, chief investment officer of Spear Invest. “On the positive side, one area that could support margins that maybe investors don’t appreciate is software sales. We expect higher uptake given the $3,000 price cut which would be accretive to total company margins despite being priced lower.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 3. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Tesla Earnings Are Coming. What to Expect.Third-quarter earnings for the electric-vehicle maker are coming Wednesday evening. There will be a lot to digest.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

Tesla earnings on deck with margin pressure, FSD licensing, Cybertruck in focusSlowing demand and narrowing profit margins will likely compel CEO Elon Musk to expand upon new products and services to boost Tesla profits.
Sumber: startelegram - 🏆 248. / 63 Baca lebih lajut »

Stocks lower, Tesla on deck, Netflix earnings in focus, United Airlines slumps, oil surgesStocks lower, Tesla, Netflix United Airlines earnings, oil surges
Sumber: startelegram - 🏆 248. / 63 Baca lebih lajut »

Netflix Reports Earnings Today. What to Expect.Investors expect Netflix to give updates about its ad subscription plan and pricing strategy after the market close.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

Netflix earnings: What to expect from the streaming titanNetflix reports earnings after Wednesday’s closing bell
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

Procter & Gamble earnings: What to expectP&G is expected to report higher profit and revenue for its fiscal first quarter
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »