Tesla’s Q4 EV sales are expected to lead to a significant drop in automotive revenue, potentially resulting in a net loss for the quarter. Other automakers have seen a decline in EV sales, with some experiencing a significant drop. Tesla’s introduction of cheaper “Standard” versions of its vehicles may impact revenue. Additionally, the company’s expenses are rising, leading to concerns about profitability.

Read more at Yahoo Finance: Elon Musk Will Reveal Tesla Is Already Losing Money in Q4