Tesla Will Probably Beat Earnings Estimates. Why the Stock Might Not Move.

·3 min read
Tesla Will Probably Beat Earnings Estimates. Why the Stock Might Not Move.

Tesla will easily beat earnings expectations Wednesday. Tesla, however, doesn’t provide guidance, so investors have to rely on Wall Street estimates to judge whether the company “beat” or “missed.” Tesla delivered a record 241,300 vehicles in the third quarter, up from 201,250 in the second quarter.