|Bid||0.00 x 1800|
|Ask||0.00 x 4000|
|Day's Range||27.61 - 28.28|
|52 Week Range||1.36 - 29.40|
|Beta (5Y Monthly)||2.78|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Tesla (TSLA) reported Q3 2020 earnings after market close on October 21. The company solidly beat analyst predictions for adjusted EPS, revenue, and production.
Tesla earnings for Q3 beat forecasts, helped by an unexpected spike in revenue generated from the sale of regulatory credits.
Shares of Tesla Inc. dropped 1.9% in morning trading Tuesday, to put them on track to suffer a fourth-straight decline. That would be the longest losing streak for the electric vehicle maker's stock since six-day stretch ended March 18. The current streak comes ahead of Tesla's third-quarter earnings report, which is scheduled to be released after Wednesday's closing bell. The stock has shed 8.4% during its current losing streak, which followed a six-day win streak in which the stock rallied 11.4%. The stock is now 15.2% below its Aug. 31 record close of $498.32. Over the same time, the S&P 500 has slipped 1.4%. Among other EV makers, shares of Nio Inc. rose 0.6% in morning trading Tuesday, Nikola Corp. edged up 0.2% and Workhorse Group Inc. fell 3.9%.