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Trading Strategies For Tesla Stock Before And After Q4 Earnings

Benzinga ·  Jan 24 14:36

Tesla, Inc(NASDAQ:TSLA) was trading mostly flat Wednesday as the company kicks off big tech earnings season with its quarterly report after the close.

When Tesla printed a third-quarter earnings miss on Oct. 18, the stock plunged the following session over 9% lower and entered a steep downtrend, declining an additional 11.83% to reach a bottom of $194.07 on Oct. 31

For that quarter, Tesla reported revenue of $23.35 billion, which missed the $24.38-billion consensus estimate. The company reported earnings per share of 66 cents, missing the Street estimate of 73 cents.

For the fourth quarter, analysts, on average, estimate Tesla will report earnings per share...

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