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What To Watch When Tesla Reports Earnings

Video Credit: The Street - Duration: 01:51s - Published < > Embed
What To Watch When Tesla Reports Earnings

What To Watch When Tesla Reports Earnings

It's earnings season.

Which means it's time to start looking at the companies that are going to report earnings.

One such company is Tesla , which is set to report earnings on Oct.

23.

The company reported a delivery number of 97,000--shy of CEO Elon Musk's 100,000 goals, and below analyst expectations of 99,000.

So, what exactly should investors watch for when they get the Tesla numbers?

TheStreet's Annie Gaus and Tony Owusu broke down what the delivery numbers mean for the company and what metrics Gaus is keeping an eye on.

"They've targeted between 360,000 and 400,000 deliveries for the full year.

So investors will be looking for signs of whether or not they can actually meet that goal.

Some analysts see that as a pretty ambitious goal, so we'll learn more soon.

And the other thing is the profitability picture.

I mean, this is a goal post that Elon Musk has shifted, at various points.

He's promised sustained profitability.

But investors really are looking for assurance that that is a realistic goal and not a pipe dream," said Gaus.

Watch the full video for more.

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