Posted 10/18/2023, 2:00:32 PM
Tesla Q3 Earnings: Profit Squeeze Continues But Signs of Stabilization Emerge Ahead of Cybertruck Launch
- Tesla Q3 earnings expected to show lower profit margins but potential trough in declines
- Focus on Cybertruck production timeline after lack of updates in Q3
- Q3 deliveries of 419k Model 3 and Y missed expectations of 456k vehicles
- Still aiming for 1.8 million vehicle deliveries in 2023 despite lower Q3 volumes
- Investor enthusiasm for Cybertruck launch appears muted based on recent lunch event