Tesla (TSLA) will announce its financial results for the third quarter of 2019 today, Wednesday, October 23, after the close. As usual, a telephone conference and questions and answers with the management of Tesla will be determined based on the results. This time it's an hour later than usual: 15:30. PT (6:30 pm ET).
Here we see what both street and retail investors expect from the quarterly results.
Tesla Q3 2019 Deliveries
Tesla's vehicle deliveries are strongest as usual Tesla has already released its figures for the third quarter of 2019, confirming a new record of 97,000 deliveries and the production of 96,1
It's the second quarter in a series that saw Tesla hit record new shipments – albeit only a modest blow over its last record.
Production increased significantly as the automaker produced nearly 10,000 vehicles more than in the previous quarter.
Tesla Q3 2019 Sales  Tesla's third-quarter sales revenue for Tesla is $ 6.517 billion, and Estimize, the crowdsourced website, forecasts slightly higher sales of $ 6.621 billion.
Interestin It may be the first time in a long while that Tesla's revenue has dropped year-on-year despite new record shipments.
Analysts are seeing a significant drop in price per vehicle and even though deliveries have increased. They believe Tesla's revenue could fall below Q3 2018 when Tesla reported sales of $ 6.8 billion.
Forecasts for Tesla's Revenue Over the Past Two Years: Estimates in Blue, Wall Street Consensus in Gray, Actual Green Results:
While analysts expect this, both the Wall Street and Estiimize margins will see a slight increase over the third quarter of 2018.
Tesla earnings for the third quarter of 2019
Earnings per share or perhaps the loss per share is difficult to say this quarter.
The Wall Street consensus yields a slight loss of $ 0.15 per share for the quarter, while Estimize's forecast results in a slightly larger loss of $ 0.25 per share.
Earnings per share over the last two years: Estimate the forecasts for blue, Wall Street consensus in gray, actual results in green:
Tesla has set itself the goal of becoming profitable soon, but the market does not expect that in the quarter.
Further expectations for letter and analyst appeal by TSLA shareholders
That should be interesting This is especially true for the fourth-quarter forecasts, which I do not think are being understood very well yet.
Tesla's fourth quarter growth will largely depend on production growth at Gigafactory 3.
I expect management to talk about it and about the actual start of production expected every day.
Gigafactory 3 will not only improve deliveries in China, but also release part of its production in Fremont Tesla intends to increase deliveries to other markets.
Analysts and investors will also wonder how Tesla has spent its money lately.
The automaker is proud of how the China-made Model 3 has proven highly capital efficient, and preparations for the launch of Fremont Model Y production will require much less capital than the Model 3 production.
More color when one should start production and start preparing for the other would be appreciated.
Tesla also announced a reversal of its solar business in 2019, and although there have been many announcements, we still have to see this in numbers.
It would be interesting to see changes in front and management discuss the plan.
We also recently reported on Tesla's plans for new & # 39; tesla centers & # 39; in order to avoid restrictions on dealers and restructuring of the distribution and supply organization.
The company has yet to comment on these changes and it would be interesting to hear about them today.
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Full disclosure: I am a longtime TSLA.
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