Tesla earnings can't hide this big EV industry issue

Tesla was scheduled to blow away expectations when it releases its third-quarter earnings report on Wednesday, October 22, after the closing bell, but it faltered a bit on earnings. Tesla delivered 497,099 EVs in the period, a significant increase from the 462,890 cars it delivered in the year-ago period and well ahead of analyst expectations for fewer than 440,000. The company reported non-GAAP earnings of 50 cents per share on revenue of $28.1 billion. Analysts, however, were expecting the company to re ...