Tesla set to release Q3 results with delivery growth, but high input costs may impact margins

From Nasdaq: 2024-10-18 10:06:00

Tesla TSLA is set to release Q3 2024 results on Oct. 23, focusing on vehicle deliveries and profit margins. In Q2, EPS was 52 cents and revenue was $25.5 billion. Q3 saw 462,890 deliveries, a 6.4% rise. However, production costs may impact margins negatively. Zacks estimates earnings at 58 cents per share and $25.57 billion in sales. Stocks like ALSN, CMI, and RIVN may outperform Tesla this quarter.



Read more at Nasdaq: Will Incentives & High Input Costs Offset Tesla’s Q3 Delivery Growth?