Buckle Up, Tesla Stockholders

The electric auto maker typically reports the previous three months’ deliveries and production numbers shortly after each quarter ends. Tesla doesn’t announce the date in advance, but Monday is the last day of September.

Tesla usually discloses deliveries by model, illuminating likely margins. Wall Street expects 98,000 third-quarter deliveries, a bit above the second quarter’s 95,386. (On Thursday, the Electrek website reported that an internal email from CEO Elon Musk said that Tesla has “a shot” at 100,000 deliveries. The company did not respond to Barron’s request for comment.) The range of guesses tracked by FactSet—89,000 to 108,000—is narrow, compared to that for the bottom line.

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https://www.barrons.com/articles/buckle-up-tesla-stockholders-51569631676