Why Tesla May Blow Out Third-Quarter Earnings Estimates

Group 1 - Tesla is expected to report a significant year-over-year decline in third-quarter earnings despite record electric vehicle deliveries due to the expiration of U.S. tax credits [1] - Analyst consensus predicts Tesla's third-quarter earnings per share (EPS) to fall by 24% to 55 cents compared to 72 cents in Q3 2024 [1] - Revenue for Tesla is anticipated to increase by approximately 4.6% in the same quarter [1] Group 2 - Upcoming earnings reports from Tesla, Netflix, and GE Vernova are being closely monitored by analysts [2]