Although impacted in the short term by macroeconomic forces, the green tidal wave in electric vehicles (EVs) is expected to continue permeating the auto industry for the foreseeable future. The global semiconductor shortage has been an obstacle, but Tesla, Inc. (TSLA) is weathering the storm and positioning itself for consensus-beating deliveries. The electric automaker is expected to report earnings after market close on Wednesday, October 20. (See Tesla Website Traffic on TipRanks)  Delivering his optimism on the stock is Daniel Ives of Wedbush Securities, who is anticipating an impressive Q3 beat and raise come Wednesday. He attributes Tesla’s potential success to its monthly sales already exceeding expectations, and China’s rebound in EV deliveries.
https://www.tipranks.com/news/article/tesla-accelerating-toward-q3-earnings-expecting-the-unexpected?utm_source=advfn.com&utm_medium=referral
Tesla (NASDAQ:TSLA)
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