Tesla Inc (NASDAQ:TSLA) Earnings Model
Author: Patel & Kusmider, Published: October 21, 2019 10:00pm Category: Earnings Preview (Prior to the 3Q2019 earnings release)
The company’s futuristic products and luxury cars make Tesla stock a popular choice among investors, however, this investment provides risk factors. Investors are wary of the uncertainty ahead after a volatile year in 2018, debating whether TSLA is a worthwhile investment. Overall, we projected our TSLA earnings model to reflect a bear’s perspective on the company earnings throughout the next few months. Our assumptions involved Model 3 average units per week to be slightly below analyst expectations, however, we strongly believe that Tesla will remain consistent with meeting their delivery projection targets. Additionally, company guidance outweighs company trends so we indicated a conservative number but we foresee deliveries remaining consistent with company guidance.