Tesla to Report Q3 Earnings Today Amid Price Cuts and Margin Concerns

Tesla is announcing Q3 earnings today after market close. Investors are looking for insight into how price cuts have affected earnings.

Q3 production and deliveries fell below expectations, leading to reduced EPS forecasts for the quarter.

Analysts estimate revenue of $24.14 billion and EPS of $0.73, down 50% from last quarter.

Price cuts this year may be hurting Tesla's margins. Gross profit margins have trended downward in 2022.

Tesla stock has seen volatility after earnings announcements this year. The upcoming report may spark a significant price movement in either direction.