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Tesla reports Q3 earnings Wednesday with analysts split. Estimates call for $28.4B revenue and $0.66 EPS, above consensus. Bulls cite AI and robotics potential, while skeptics warn robotaxi optimism is premature.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02Tesla will release third quarter earnings on Wednesday after market closed with analysts
00:06divided on its near-term outlook according to Benzinga. Tesla analyst Troy Teslank
00:10forecasts a non-gap EPS of 66 cents and $28.4 billion in revenue, both among consensus estimates
00:17of 59 cents and $27.3 billion respectively. Morning star Seth Goldstein maintained a sell
00:23rating, warning investors may be overestimating robo-taxing progress, saving technology remains
00:28gears for readiness. Tesla bull Tom Nash predicted the stock could reach $900 within a year,
00:33sending growth catalysts including AI, FSD, and robotics. Tesla shares closed Tuesday and down
00:381.08% at $442.60 and rose 0.32% in overnight trading. For all things money, visit Benzinga.com.
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