Tesla is projected to report 4.7% revenue growth for Q3 following two straight quarterly declines. The electric vehicle maker faces headwinds from European sales slumps and brand ranking deterioration while investors await updates on Robotaxi and new vehicle launches.
Anticipated Revenue Rebound
Tesla is reportedly positioned to return to revenue growth when it reports third-quarter results, with analysts suggesting a 4.7% increase from the $25.18 billion reported a year earlier, according to LSEG-compiled estimates. This would mark a significant reversal after the company experienced two consecutive quarters of year-over-year revenue declines. However, sources indicate early projections for the fourth quarter show revenue dropping 1.2%, suggesting the recovery might be temporary.