Wall Street's Top Analysts Revise Tesla Q3 Predictions Ahead of Earnings Report

Tesla, Inc. is set to release its earnings results for the third quarter. As the report approaches, analysts have revised their predictions. The company is expected to report quarterly earnings at 56 cents per share, which is down from 72 cents per share in the year-ago period. The consensus estimate for Tesla’s quarterly revenue is $26.7 billion, compared to $25.18 billion a year earlier.

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Gary Black Predicts Landslide Support for Elon Musk's $1 Trillion Compensation Deal Despite Advisory Backlash

Future Fund LLC’s managing director, Gary Black, anticipates that a majority of shareholders will approve Tesla Inc. CEO Elon Musk‘s trillion-dollar pay package during November’s shareholder meeting. Black expressed his expectations on social media, stating that he forecasts a “bullish” atmosphere at the meeting, with an “overwhelming (70-75%) approval” for the compensation package.

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