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Tesla (TSLA) Earnings Preview: What Investors Need to Know

Today’s video takes a closer look at Tesla (TSLA), arguably the most talked about carmaker in the country today. 

The company was a really hot stock for quite some time, but it was hitting losses of about 40% from a YTD look in mid-February. However, since that low, shares have taken off thanks to speculation over a mass market car, and a renewed interest in growth stocks, helping to push the company near breakeven on the year. 

Now, earnings are dead-ahead for this carmaker and they could help to set the tone for TSLA shares as push into the summer. What is in store at their next report? 

The current earnings ESP is negative for TSLA suggesting that the most recent estimates have been sharply lower. Additionally, the company did miss estimates when it comes to car production for the quarter, though that appears to be a temporary setback. 

We take a closer look at the charts for Tesla and how it has performed in recent earnings reports, and really for the most part, earnings haven’t mattered too much for Tesla. It is really all about the outlook for this stock and that could be the story again this time thanks to a massive amount of Tesla Model 3 preorders, as well as any updates on the gigafactory progress. So look for these to be the main focal points of the Tesla earnings call, though any discussion of getting to cash flow positive this year will also be an area to watch as well. 

For more information on Tesla earnings, make sure to watch our short video for extra insights and a closer look at Tesla’s key charts heading into this report. Also, go to our Facebook page on Wednesday afternoon for a live stream of Tesla’s earnings and the market’s initial reaction.

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