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Many in the market expect guidance in terms of delivery volumes in the future, against the background of signs of a global boost in demand for electric cars in China, as well as the US and Europe.
Senior bank analysts at Deutsche Bank believe the company will raise its delivery target to 825,000 cars.
The company is expected to report roughly a doubling of earnings and a sales increase of around 40 percent for the fourth quarter, with founder Elon Musk as CEO.
Sales are expected to have risen to $ 10.3 billion, up from $ 7.4 billion a year earlier, according to a compilation of forecasts by Refinitiv. And for the sixth consecutive quarter it is expected to be a plus on the bottom line, but an earnings per share of $ 1:01. This can be compared to earnings of 41 cents a share from the previous year.
Tesla’s stock got a big boost last year. The company’s market capitalization more than doubled and the increase has continued this year at about 25 percent on top of that.
The market capitalization is thus approximately $ 835 billion (corresponding to more than 6.9 billion crowns). That’s ten times the market capitalization of the entire German Volkswagen Empire.
Tesla’s share price target is on average $ 510 per share, which can be compared to the current price of more than $ 880 per share.
It remains to be seen whether Tesla’s stock is an example of an inflated stock market bubble that is about to burst. Some judges believe that the rally can continue, if Elon Musk once again manages to exceed expectations. Others are warning of a cold rain on the stock market this year for the hottest stocks of last year, including Tesla.
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