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Barchart
Barchart
Aditya Sarawgi

What to Expect From Tesla's Next Quarterly Earnings Report

Elon Musk Tesla Inc.

Austin, Texas-based Tesla, Inc. (TSLA) designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the U.S., China, and internationally. With a market cap of over $1 trillion, the company operates through the Automotive; and Energy Generation and Storage segments. The EV giant is expected to announce its second-quarter results on Tuesday, Jul. 22.

Ahead of the event, analysts expect Tesla to report an EPS of $0.30, down 28.6% from $0.42 reported in the year-ago quarter. The company has a mixed earnings surprise history. While it surpassed the Street’s bottom-line estimates twice over the past four quarters, it missed the projections on two other occasions.

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