Tesla reports third-quarter earnings on Wednesday, Oct. 18, after the closing bell.
Investors are focused on the company's profit margins and demand outlook after a series of price cuts and weaker-than-expected third-quarter deliveries. They'll also be on the lookout for updates on the first deliveries of the long-awaited Cybertruck.
The stock is down 1.2%, to $251.92, as of 9:50 a.m. ET. Shares have climbed more than 100% year-to-date, far outpacing the benchmark S&P 500 and the tech-heavy Nasdaq 100. It currently has 23 buy ratings, 20 holds, and 9 sells, and a consensus price target of $261.86, according to analyst data compiled by Bloomberg.