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Tesla is set to report earnings after the bell on Wednesday.
Here’s what analysts are expecting, according to an average of estimates compiled by LSEG:
Following two straight year-over-year revenue declines, Tesla is expected to return to growth, for one quarter at least, with analysts expecting an increase of 4.7% from $25.18 billion a year earlier. However, early projections for the fourth quarter show revenue dropping 1.2%, according to LSEG.
On Tesla’s last earnings call in July, CEO Elon Musk and finance chief Vaibhav Taneja warned shareholders about the impact of higher tariff costs and the expiration of federal electric vehicle tax credits.
