How to analyze tesla's financial report? Focus on these four key points
As we enter the latter part of October, it's once again the earnings season for US stocks. Most publicly traded US companies will gradually release their latest earnings over the next month. The performance of these titans of US stocks is particularly crucial for many investors, as their performance not only affects their own stock prices, but can also influence the overall trend of the US stock market. Simultaneously, each earnings release by a company may present a good trading or investment opportunity. Prior to this, investors need to understand how to interpret the company's performance. So, how should we analyze the performance of these titans? Given that these companies have different business models,
US stock market closed | The three major indices rose and fell differently, with most large technology stocks rising, nvidia rising more than 4% to hit a new historical high.
Banks index dropped nearly 2%, small cap stocks fell 1.6%, the decline of Chinese concept stocks narrowed, nvidia rose over 4% to catch up with apple, pdd holdings and Bilibili turned positive, xpeng rose over 3%.
A preview of the picture | Tesla's Q3 release is imminent! Robotaxi caused a downturn in the stock price, can it rely on performance to make a comeback?
Tesla is scheduled to release its earnings report after the market closes on October 23rd, Eastern Time. Institutions expect it to achieve revenue of $25.674 billion in 2024 Q3, a 9.95% year-on-year increase; with an expected EPS of $0.5, a 5.96% year-on-year decrease.
Robotaxi's launch event was disappointing, can tesla's financial report this week regain market confidence?
Analysis predicts that tesla's profit improvement is not significant, and the gross margin may further decline. The timing of the launch of affordable car models, FSD, Robotaxi financing, and detailed progress in mass production will all be key points of the conference call.
Top 20 Turnover | nvidia rose more than 4% to hit a record high, with a market cap exceeding $3.5 trillion.
Tesla, ranked second in trading volume on Monday in the US stock market, fell by 0.84%, with a turnover of $10.317 billion; Coinbase, ranked 12th, fell by 2.95%, with a turnover of $2.697 billion; Boeing, ranked 14th, rose by 3.11%, with a turnover of $2.132 billion.
Express News | Cybercab press conference encountered another setback, with the production team of Blade Runner 2049 suing tesla.