Tesla will release its Q3 earnings report on the 18th. Today, let's analyze Wall Street's agreed expectations and forecasts for Tesla's performance.
The market expects total revenue for Q3 to be 24 billion, or 12.61% YoY. which
Automotive: 20.5 billion, 10.2% YoY
Energy storage: 1.7 billion, 54.07% YoY
Services and others: 2.16 billion, 31.3% YoY
However, CogS19.5 billion, a year-on-year increase of 22.61, is higher than the increase in total revenue, and profit margins are lower mainly due to price cuts. Average selling price was $43,900, -22% YoY
As a result, the market estimated gross profit of only 4.3 billion, or -22.16% YoY.
Gross margin was 18.28%, -7.51% YoY.
Expected net profit of 2.38 billion, -34.87% YoY
EPS is 0.74
Generally speaking, Tesla will release monthly sales data in advance, and every price adjustment will also be announced in a timely manner. So the results won't deviate too much from Wall Street's expectations. However, Tesla's data for the third quarter won't look particularly good; it's even scary to look at. However, Wall Street's financial expectations for Tesla for the third quarter are quite low, and some pricing has already been made, so if the published data is in line with expectations, the stock price will not fluctuate much. Instead, if the announced results are based on...