Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility!
Investors are preparing for earnings season as key EPS reports loom. Stock Strategist Andrew Rocco breaks down the EPS previews for Tesla, Super Micro Computer, and Coinbase.
The Tesla, Inc. Robotaxi catalyst doesn't look sufficient to me. In my opinion, the market is significantly overestimating the prospects for a recovery of Tesla's business, at least in the near term. Despite showcasing new technologies like Robotaxi and Optimus robot, the event failed to provide concrete growth catalysts, leading to continued stock underperformance. Tesla's valuation remains extremely high, with PEG ratios above 1x even in 2027, suggesting the stock is significantly overvalued.
Tesla Inc (NASDAQ:TSLA) is set to report increased sales but a drop in earnings when it hands down its third quarter earnings report on Wednesday, October 23. Revenue for the period is expected to grow 9.5% year-over-year to $25.57 billion, while earnings per share (EPS) are seen dropping by more than 12% to $0.58.
The Zacks Consensus Estimate for TSLA's third-quarter earnings and revenues is pegged at 58 cents per share and $25.57 billion, respectively.
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk has tapped his close confidant Omean Afshar to oversee the electric vehicle maker's operations in North America and Europe, according to media reports. Afshar joined Tesla in 2017 and currently serves as vice president in charge of sales and manufacturing, sources said.
Omead Afshar, who used to work in the office of the CEO, has moved into a vice president role with sales and manufacturing operations under him.
Amid slumping share prices and electric-vehicle demand, Tesla Inc. Chief Executive Elon Musk has reportedly shaken things up at the company's business in North America and Europe.
Tesla (TSLA) is set to kick off the "Magnificent Seven" earnings reports next week for the third quarter. But how can investors gain exposure to these megacap tech names without buying individual stocks?
Tesla, fresh from showcasing its robotaxi, reports earnings next week and analysts at Barclays are calling for a better-than-expected financial snapshot.
Tesla (NASDAQ: TSLA) aims to end the year on a high note, riding on solid fundamentals driven by the company's new product launches. This is despite being impacted by a slowdown in demand for electric vehicles (EVs) earlier in the year.
The electric vehicle (EV) pioneer's stock is at risk of taking another big hit if Musk and his team don't overdeliver on Q3 results -- or at least earnings call data.