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  • After record-breaking third-quarter deliveries, expectations for the electric-car maker’s financial performance during the period are high.
  • Tesla’s vehicle deliveries surged 53% in its third-quarter to 139,300. What is impressive is that the deliveries soared 43% year over year when its factories were shut down due to Coronavirus.
  • Tesla is expected to deliver over 1.2 million vehicles in 2022 and more than 1.8 million vehicles in 2023. After all, the battery day showed Tesla’s renewed focus to trim the cost to make the cars
    affordable.
  • The consensus EPS estimate is $0.2 (25.00% Y/Y) and the consensus revenue estimate is $8.29 Billion (31.59% Y/Y).

    Over the last two years, Tesla has beaten ESP estimates 100% of the time.

If you want to read the full report, that's available at this link

https://analyst.kuberspeaks.com/tesla-q3-earnings-preview-is-tesla-a-buy-ahead-of-earnings/



Submitted October 20, 2020 at 10:15PM by satripat https://ift.tt/2HbnzFX

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