Tesla Inc. T.S.L. Shares of.
The electric vehicle manufacturer’s earnings report put on track to extend their long-lost length in seven months by 0.2% on Wednesday in pre-market trading. The stock lost 2.1% on Tuesday, not only the fourth-straight loss, but the fourth-straight loss of at least 2%. The stock fell below .5.5% during its losing streak, the longest since the six-day loss ended March 1. Tesla is due to report third-quarter results after the closing bell, with analysts, on average, earning 57 cents a share and revenue of 28 8.28 billion, according to a survey by Factset. The stock fell 5.0% the day after Tesla reported second-quarter results, even though the company beat profit and earnings expectations; In the five days leading up to those results, the stock rose 3.0%. Shares of Tesla have more than quadrupled (up to 404.3%) since Tuesday, while the S&P 500 SPX,
Increased by 6.6%.
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