Telsa 3Q earnings takeaways: 6 skeptical Wall Street analyst reactions - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Tesla shattered Wall Street's profit forecast for the third quarter. But these 6 analysts are questioning how long it can last.

The company said margins improved thanks to better cost controls leading to lower-than-expected operating expenses.disappointing vehicle production

While some Wall Street firms are raising their price target's for Tesla, they're also questioning the sustainability of its profits.As the company works toward its ambitious vehicle production target of between 360,000 and 400,000 for the year and begins to bring its China facility online, analysts are warning margins could suffer. Nomura: "We expect some skepticism will remain for at least another quarter.

Levy added:"Our take – a strong step forward, yet Tesla will need to put together a string of similar datapoints to demonstrate the sustainability of results...and its track record has been spotty on this."RBC: "We struggle to understand how spending doesn't have to go up to support Tesla's growth ambitions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Just 6?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here's what every major analyst is expecting from Tesla earnings after the bellWall Street analysts predict what will happen with Tesla's earnings report on Wednesday after the bell. Oil is suicide! Never for get that! Thank you for your work elonmusk fuck the shorts! They are too poor to own a Tessy!
Source: CNBC - 🏆 12. / 72 Read more »

Here's what every major analyst expects from Amazon earnings after the bellWall Street analysts predict what will happen with Amazon's earnings report on Thursday after the bell. A horrible waste of time! uauuuuuuuuuuuu,até melhora o dia ver essa figura ,linda,elegante,e,gostosa.........bem vindo.......NERD....... amazonSucks BoycottAmazon and save money buying the same stuff or better elsewhere for less.
Source: CNBC - 🏆 12. / 72 Read more »

Las Vegas Sands CEO Sheldon Adelson Returns to Earnings CallLas Vegas Sands Chief Executive Sheldon Adelson told Wall Street analysts he’s happy to be back after a nearly yearlong absence from conference calls discussing the company’s quarterly earnings. What are the odds what was the over/under on the length of call?
Source: WSJ - 🏆 98. / 63 Read more »