Quick Answer: What Time Is Tesla Earnings?

What can I expect from Tesla earnings?

Tesla will report its third-quarter earnings on Wednesday afternoon.

Wall Street analysts expect the company to post revenues of $8.26 billion and a profit of nearly $6 million..

Is Tesla a good buy right now?

The IBD Stock Checkup tool shows that Tesla has an IBD Composite Rating of 98 out of a best-possible 99. The rating means Tesla stock currently outperforms 98% of all stocks in terms of the most important fundamental and technical stock-picking criteria.

Is Tesla stock going to crash?

Even after careening from its all-time highs, Tesla stock (NASDAQ: TSLA) is still up more than 250% in 2020. … Today, it implies Tesla stock is teed up to crash by 40%.

How many cars does Tesla make in a day?

In those days, Musk and some other figures with a grasp of production tried to explain what 41.6 cars/hour or 1,000 cars/day or 7,000 cars/week represents. Many did simple arrhythmic and proclaimed production of 360,000 or even 365,000 per year.

What time is Tesla announcing earnings?

Tesla Announces Date for Third Quarter 2020 Financial Results and Webcast. October 08, 2020 16:04 ET | Source: Tesla, Inc. PALO ALTO, Calif., Oct. 08, 2020 (GLOBE NEWSWIRE) — Tesla will post its financial results for the third quarter of 2020 after market close on Wednesday, October 21, 2020.

Is Tesla going to beat earnings?

Tesla’s third-quarter earnings report beat expectations on multiple key metrics including cash flow and gross margins. The electric vehicle automaker also reiterated its goal of 500,000 deliveries in 2020, a statement many analysts were anticipating before the report.

How much did Tesla make last quarter?

Tesla said its revenue reached $6.04 billion during the quarter, with $428 million of that from regulatory credits.

What is the prediction for Tesla stock?

Stock Price Forecast The 33 analysts offering 12-month price forecasts for Tesla Inc have a median target of 400.00, with a high estimate of 800.00 and a low estimate of 40.00. The median estimate represents a +2.97% increase from the last price of 388.46.

Why is NFLX going down?

But forgive Netflix the “slowdown.” It’s happening because the company posted 110% subscriber growth in the first half of this year. It added a massive 25.8 million subscribers (net) compared to 12.3 million in the first half of 2019. That surpassed 20%-22% growth in the three quarters leading up to 2020.

What IQ is Elon Musk?

155 IQElon Musk IQ is estimated as 155 IQ, based primarily on his earlier aptitude tests, his ability to read and apply technical information, and his ability to use numbers to make process changes unique in the history of a complicated industry.

Is Tesla overvalued?

Analysts from Morgan Stanley on Tuesday warned that Tesla stock, at over $1,000 per share, is grossly overvalued and set to plunge, with too many investors ignoring the risks of running a car company and instead treating Tesla like a high-growth tech company.

What will Tesla be worth in 10 years?

This means the stock could be worth ~$10.000 in 10 years time ($2000 after the recent 5:1 stock split).

What will Tesla be worth in 5 years?

$3,000 in 5 years Giving his Tesla long-term stock predictions, when the TSLA stock was trading at just $800-$900 in early June, Ron Baron admitted: “Tesla, that’s going to be $2,000 or $3,000 in five years and a multiple of that over the next five years.”

Why is Tesla stock so high?

The quarterly profit recently reported definitely helped. In fact, the biggest reason behind the stock run is earnings. Tesla numbers have come in much better than expected for several quarters. And Wall Street’s estimated 2021 earnings have gone from less than $12 to almost $15 a share over the past few months.

Will Tesla make S&P 500?

Tesla Not Added to S&P 500, But Pool Makes the Cut | Barron’s.

Who owns the most Tesla stock?

Top 10 Owners of Tesla IncStockholderStakeShares ownedCapital Research & Management Co….5.73%53,390,465The Vanguard Group, Inc.4.55%42,370,340Baillie Gifford & Co.4.25%39,630,758BlackRock Fund Advisors2.92%27,198,2656 more rows

How much in debt is Tesla?

Tesla has about $13 billion in debt on the books and about $6.9 billion net of cash on hand. Net debt is less than 2 times estimated 2020 earnings before interest, taxes, depreciation and amortization, or Ebitda. That is lower than at the average company in the S&P 500, although car makers are tougher to analyze.

Is Tesla expected to beat earnings?

For Tesla, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company’s earnings prospects. This has resulted in an Earnings ESP of +3.53%. … So, this combination indicates that Tesla will most likely beat the consensus EPS estimate.

Are Teslas expensive?

Tesla, Inc. Tesla cars, therefore, are relatively expensive to buy. … The flagship 2020 Model S sedan has a base price of $74,990, while the Model X starts at $79,990.