Tesla Delivered 486,532 Vehicles in Q3. Here's the Margin Math That Will Decide the Earnings Reaction.
The company really only needs its Q2 automotive numbers to not worsen.
Overview
Electric vehicle company Tesla (NASDAQ: TSLA) can clearly manufacture automobiles en masse. It cranked out 464,391 EVs during the third quarter of this year, delivering 486,532 of them (versus analyst estimates of 461,974) after a bit of an inventory buildup back in Q1.
The question is, can the company make them en masse profitably enough? We won't know for sure until Oct. 21, when Tesla releases its fiscal Q3 results.
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Originally published at www.fool.com.
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