Tesla will have had to deliver more than 10,000 cars to meet guidance
Tesla Motors is scheduled to release its next earnings report tomorrow, and all of Wall Street is watching to see if the EV manufacturer met all of its targets for 2014. Other key parts of the report include guidance and updates on the gigafactory, the Model X and other plans.
Consensus estimates suggest analysts are expecting earnings of 31 cents per share on $1.23 billion in revenue for the fourth quarter.
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A tall order for Tesla
Tesla faces a big problem this time around, as it already cut its full year delivery guidance by 2,000 cars to 33,000. In order to meet that target, the automaker would have had to deliver over 10,000 cars during the fourth quarter, which would be a more than 30% increase, according to Trefis analysts.
The automaker has been trying to get to the point where it can produce about 1,000 cars per week