Analysts expect revenue of $6.4 billion, losses per share of 40 cents, according to Refinitiv.
The company previously braced investors for another loss in the second-quarter, but a return to profitability in the second-half of 2019.Electric vehicle makerBased on average estimates compiled by Refinitiv, here's what analysts are expecting:Tesla shares closed higher on Tuesday at $260.17, and rose in trading on Wednesday again. Shares had declined 22% this year as of markets close Tuesday.
In their first quarter update, Tesla executives braced investors for another loss in the second quarter before returning to profitability in the second half of the year., selling 95,200 vehicles during the second quarter and producing 87,048 cars during that period, it said earlier this month. Record single-quarter sales for Tesla followed several price and product changes, however, so investors are looking for answers about where automotive gross margins stand today, and whether CEO Elon Musk has finally figured out how to make and sell cars profitably over the long-term.
In the first quarter, Tesla also told investors the company should become free cash flow positive in the second half of the year, and expects full-year vehicle deliveries for 2019 to reach at least 360,000. Most of those cars will be Model 3s, Tesla's latest electric sedan and lowest priced offering to-date.
Too soon elonmusk or too real?
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