Tesla’s Q2 Earnings: Can Record Deliveries Drive Profits?
WRITTEN BY MOHIT OBEROI, CFA
Tesla’s Q2 earnings are expected after the markets closes on Wednesday. Tesla’s (TSLA) announcements tend to generate a lot of fanfare. Apart from the company’s second-quarter earnings and other business updates, CEO Elon Musk’s tweets keep investors on their toes. Tesla has outperformed mainstream automakers like Ford (F) over the last few years. So far, 2019 is turning out to be a tough year for the stock. Tesla has lost 23.2% in 2019, while Ford has seen an upwards price action of 37.4% this year. NIO (NIO) has lost almost 47% year-to-date.
Full article here: https://marketrealist.com/2019/07/what-could-drive-teslas-q2-earnings/