As the market prepares for Tesla Motors,
Inc. (TSLA) to release its third quarter earnings for FY13 on November
5, investors will be focusing on key metrics and the company’s guidance
to see where the stock is headed. The fourth quarter is crucial as
domestic auto sales are typically the highest due to the holiday season.
In the three months since its last
quarterly performance was unveiled, Tesla has captivated investors and
analysts, with its stock price rising around 30%. Consensus estimates
for its earnings and revenues have been revised and re-revised, but the
company’s underlying potential and challenges faced by it still remain.
One thing is clear: There is no shortage
of demand for the Model S, and recent data suggests that the interest
is not just from buyers looking for fuel savings. In a recent report
published by Forbes, Tesla’s Model S was the bestselling car this year
in the nation’s top two most affluent neighborhoods in California. Read more.
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