Tesla issues recall for Model 3 and Model Y
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Tesla, Elon Musk and Robot Army
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Tesla delivered 497,099 EVs in the period, a significant increase from the 462,890 cars it delivered in the year-ago period and well ahead of analyst expectations for fewer than 440,000. Wall Street has been expecting strong numbers since the company released those third-quarter delivery results earlier this month.
Tesla posted record quarterly revenue but its profit came in below Wall Street's expectations. The stock fell 4% after hours during the analyst call.
The cheaper Standard variants and Tesla's offers and discounts to stave off competition globally have pressured the company's once-enviable margins, worrying investors.
Tesla investors could find out more about the company's recently announced lower-cost cars when the company hosts its earnings call on Wednesday afternoon. Cantor Fitzgerald analyst Andres Sheppard is upbeat about what the cheaper Model 3 and Model Y variants can do for the company.
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Tesla’s best quarter of year isn’t enough to impress investors. Because they know it won’t last
Tesla reported a quarterly revenue record Wednesday, but earnings still managed to miss analyst forecasts and fall from a year ago.
Musk says Tesla’s cars always arrive, if not on time. Will that be true of the Roadster?
Although unlikely to have a major impact on earnings, Tesla's second-generation Roadster could get some attention on the earnings call. The car made its debut in 2017 but never went into production. T
Tesla is set to report its best quarterly earnings so far this year. The problem for the company is what lays ahead.