Earnings Preview: What To Expect From Tesla Today - Forbes

SENATE DRIVERLESS CARS — The interior view of a Tesla Motors Inc. Model S P90D, a model with some autopilot features, is seen ... [+] during an exhibition featuring several self-driving cars outside of the Dirksen Senate Office Building in Washington, D.C., U.S., on Tuesday, March 15, 2016. Advocates of self-driving cars say the vehicles may revolutionize U.S. transportation enough so that the government can spend less money on roads, parking garages and public transportation systems. Photographer: Drew Angerer/Bloomberg
© 2016 Bloomberg Finance LP

Tesla Inc. TSLA is scheduled to release earnings after Wednesday's close. The stock just hit a record high of $968.99/share in early 2020 and is currently trading near $769/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down. To help you prepare, here is what the Street is expecting:

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Earnings Preview:

Tesla is expected to report a loss of ($0.53)/share on $5.71 billion in revenue. Meanwhile, the so-called Whisper number is a ($0.27) loss. The Whisper number is the Street's unofficial view on earnings.

Company Profile & Various Businesses:

Here is a brief company profile:

Tesla, Inc., formerly Tesla Motors, Inc. TSLA , incorporated on July 1, 2003, designs, develops, manufactures and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains solar and energy storage products. The Company operates through two segments: automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, and sales of electric vehicles. The energy generation and storage segment includes the design, manufacture, installation, and sale or lease of stationary energy storage products and solar energy systems to residential and commercial customers, or sale of electricity generated by its solar energy systems to customers.

Competition:

The Company competes with Audi, BMW, Lexus PLXS PLXS , Mercedes, Honda, Toyota, Daimler, Nissan, Fiat, Ford, General Motors GM GM , Mitsubishi, AES Energy Storage, LG Chem, Samsung, Vivint Solar Inc., Sunrun Inc., Trinity Solar and Sungevity, Inc, just to name a few.

Pay Attention To How The Stock Reacts To The News:

From where I sit, the most important trait I look for during earnings season is how the market and a specific company reacts to the news. Remember, always keep your losses small and never argue with the tape.

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