Posted 10/17/2023, 5:51:00 PM
Tesla Q3 Earnings Preview: Focus on Pricing, Model 3 and Cybertruck Updates, Charging and Battery Supplier Ambitions
- Revenue expected at $24.9 billion, adjusted EPS at $0.91, gross margins at 18.2%
- Focus on impact of price cuts on demand, especially in US and China
- Model 3 refresh timing and Cybertruck launch updates in focus
- Pivot to chargers, batteries, drive units could make Tesla a top supplier
- Q4 delivery estimate is 476K vehicles, requiring big jump from Q3's 435K