Tesla Stock Investors Will Likely Be More Demanding on Oct. 23 ...

Tesla Stock Investors Will Likely Be More Demanding on Oct. 23 ...

Tesla's Q3 Earnings Call to be held on October 26

Investors are eagerly waiting for Tesla's upcoming Q3 earnings call, which is scheduled for Wednesday, October 26. The high valuation of Tesla stock reflects the expectation that the company will surpass Wall Street's earnings estimates in the long term. However, if CEO Elon Musk and his team fail to deliver positive news on the call, the stock could face another significant decline.

Wall Street is expecting the following results for Q3:
- Revenue of $25.33 billion, a 8.5% YoY growth
- Adjusted EPS of $0.58, a 12.1% YoY decrease

This is not just any earnings call; it's a pivotal moment for the electric vehicle maker as it faces increasing competition and scrutiny from investors. As Tesla gears up to release its Q3 numbers, the stakes are higher than ever before.