Tesla's lack of specifics on the Cybertruck, including its specs and starting price, has caused a decline in its stock value and uncertainty among analysts.
Tesla's stock is surging and flirting with a buy point due to positive buzz around the company's upgraded Model 3 and upcoming Cybertruck, as well as the increase in Tesla insurance registrations in China.
Tesla's stock fell after Barclays predicted that the company would fall short of delivery expectations, with analysts forecasting third-quarter deliveries of 455,000 units compared to the consensus forecast of 463,000 units.
Tesla's Q3 delivery numbers are expected to be released next week, with analysts predicting varying estimates amid potential production and delivery setbacks.
Tesla may fall short of third-quarter delivery estimates due to factory shutdowns and soft demand, but analysts believe that upgrades and refreshed models in the coming months could boost sales and competition with rivals like Ford and BYD.
Tesla is set to report its third-quarter delivery figures, with high anticipation from investors despite potential weak numbers.
Tesla is expected to report its third-quarter vehicle sales, as the electric vehicle leader continues to dominate the market.
Tesla continues to disappoint customers with persistent delays in the deliveries of its much-awaited Cybertruck, despite CEO Elon Musk stating that the company plans to have a "great delivery event" likely in the third quarter, with the third quarter now over and customers eagerly waiting for details on pricing and deliveries.
Tesla missed market estimates for third-quarter deliveries due to planned factory upgrades, causing a 2.4% drop in its shares, although the company's target to deliver 1.8 million vehicles this year remains unchanged.
Tesla's deliveries in the third quarter were lower than expected, with a 6% decline from the second quarter due to planned factory upgrades and temporary shutdowns, despite the company's target of around 1.8 million vehicles in 2023.
Tesla stock faces new troubles as delivery numbers disappoint and sale prices decline, while CEO Elon Musk faces legal troubles over Twitter disclosure; however, analysts still back Tesla with a Moderate Buy rating and a 9.24% upside potential.
Despite falling short of delivery expectations in Q3, Tesla plans to include an estimated 20,000 units in their Q4 figures as part of their expansion strategy, with analysts predicting better days ahead for the company as they prepare for increased production and the launch of new models.
Tesla stock surged 5.2% and cleared its 50-day line after investors showed optimism for a fourth-quarter rebound in deliveries and the launch of the Cybertruck, despite analysts cutting third-quarter EPS estimates ahead of Tesla's Q3 earnings.
Tesla's stock fell nearly 1% after the company cut prices on some models and reported third-quarter deliveries that missed market expectations.
Tesla's stock dipped by 1% after sales of its China-made electric vehicles decreased by 10.9% in September, with Model 3 and Model Y sales down 12% from August to September.
Tesla stock dropped after disappointing China delivery numbers, indicating that October will be a crucial month for the company.
Tesla is set to release its latest earnings, with options markets predicting a +/-6% move, and traders expecting the stock to trade below $229 by December.
Tesla is set to release its Q3 2023 financial results, with analysts expecting lower revenue and uncertainties about earnings, while shareholders are concerned about the company's ability to maintain high gross margins and may raise questions about future deliveries and expansion plans.
Tesla is expected to report a drop in earnings per share for the third quarter, but analysts are hopeful for a rebound in deliveries in Q4 with the new Model 3 and Cybertruck launch.
Tesla is expected to report lower earnings for its Q3 2023 due to margin contraction, while analysts have mixed opinions on whether the stock is a buy or sell, and options traders are pricing in a +/- 6.03% move on Tesla's earnings.
Tesla's upcoming third-quarter earnings report is highly anticipated by investors who are focused on the company's profit margins, demand outlook, and updates on the Cybertruck and EV charging network.
Tesla's third-quarter profit estimates have dropped by almost 50% this year due to aggressive price cuts, but the stock continues to rise, adding over $420 billion in market value, creating conflicting signals about the company's future prospects.
Investors are hoping that Tesla's Q3 earnings will help the company recover from underperforming the market in recent months, as factors such as price cuts, slower production of the Cybertruck, and the departure of the CFO have weighed on the stock.
Despite an earnings miss, Tesla investors remain positive due to optimistic news on gross margins and the Cybertruck, focusing on the company's ability to stay ahead of its competitors and its plans for future growth.
Analysts have lowered their price targets for Tesla stock after the company reported disappointing Q3 earnings, raising questions about its near-term strategy and growth potential in 2024. Despite this, Tesla's stock had surged earlier in the year as investors remained optimistic about the company's long-term growth.
Tesla's Q3 financial statement shows disappointing results, with missed revenue and EPS estimates, lower-than-expected auto gross margins, and concerns over falling margins and constant price cuts, although analysts remain bullish on the stock in the near-term.
Tesla's stock was up 79% for the year in 2023, but recent events and price cuts have led to a 15% drop from the previous week and a 24% drop from this year's high in July, affecting the company's profit margins.
Tesla's stock had its worst week of 2023, with shares plunging 16% due to disappointing earnings and a disastrous call led by CEO Elon Musk, wiping off nearly $130 million off the EV maker's market capitalization and decreasing Musk's personal fortune by around $30 billion.
Hertz's stock value plummeted by 15% after reporting missed earnings estimates, mainly due to Tesla's price cuts on their electric car models, resulting in a significant drop in the residual value of Hertz's Tesla fleet and higher repair costs.
