Tesla Q3 Earnings Expected to Drop 30% to Two-Year Low on Delivery Misses and Price Cuts, But Focus Remains on Future Growth

Tesla EPS expected to drop 30% to 73 cents, lowest in 2 years, with revenue up 13% to $24.32B in Q3

Focus on Q4 rebound in deliveries with new Model 3 in China, expected Cybertruck launch

Analysts say expectations low, focus less on Q3, more on 2024 volumes and Cybertruck execution

Delivery miss in early Oct threw long shadow, Tesla slashed prices, dropping margins below 20%

Tesla stock below 278.98 buy point; analysts have cut price targets, see further weakness in margins