Will Tesla’s Quarterly Revenue Get Battered?
3 Articles
3 Articles
Tesla’s Fastest Growing Business Is About to Get Screwed by Tariffs
Tesla’s fastest growing business is its energy storage products — which also happens to be the part of Tesla’s business that’s most affected by the onslaught of new tariffs, especially on China. “While the current tariff landscape will have a relatively larger impact on our Energy business compared to automotive, we are taking actions to stabilize the business in the medium to long-term and focus on maintaining its health,” the company said in i…
Will Tesla’s Quarterly Revenue Get Battered?
The consensus among analysts is that Tesla Inc. (NASDAQ: TSLA) revenue for the most recent quarter, which it will announce today, will be $21.3 billion. That would be down very slightly from the same quarter last year. Earnings are forecast to be $0.42 per share, compared to $0.45 in the same quarter a year ago. If Tesla misses those numbers, it will confirm fears that pushed shares down 44% last year. 24/7 Wall St. Key Points: Expectations ar…
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