Tesla earnings preview: What investors need to know

Financial Performance - Tesla's Q3 revenue reached $2627 billion, a nearly $1 billion increase year-over-year [1] - Adjusted EPS stood at $053 [1] - IBIDA potentially estimates at $378 billion [1] Sales and Production - Q3 saw a quarterly record of 497000 EVs sold, boosted by the EV tax credit expiration [1] - Tesla is expected to release cheaper Model Y and Model 3 standard versions next quarter, potentially boosting sales [2] - Giga Shanghai demonstrated strong production numbers, manufacturing cars for global distribution [4][6] Strategic Initiatives - Tesla is focusing on robo taxi deployments as its primary AI initiative, shifting away from the Dojo supercomputer and utilizing Nvidia chips for AI training [2][3] - Record deployments of energy products, a high-margin business for Tesla [2] Market Dynamics - China is perceived as a potential tailwind for Tesla, with positive brand perception and strong Model Y registrations [4][5] - The key question is whether China can compensate for potential losses in North America and Europe [6]