BusinessEnergyTechnology

Tesla Q3 Earnings Preview: Analysts Divided on EV Maker’s Outlook Amid AI Hype

Tesla prepares to report third-quarter results amid sharply divided analyst sentiment. While some firms see substantial downside risk, others maintain bullish positions based on the company’s AI and autonomy narrative. The earnings report comes after strong delivery numbers but concerns about post-tax credit demand.

Divided Expectations Ahead of Tesla’s Earnings Report

Tesla is reportedly set to release third-quarter financial results after markets close Wednesday, with analysts expressing sharply contrasting views about the electric vehicle maker’s prospects. According to sources familiar with analyst surveys, expectations point toward earnings of 56 cents per share, representing a 22% year-over-year increase, on revenue of $26.54 billion. These projections come despite Tesla’s second-quarter miss on both top and bottom lines, suggesting cautious optimism among some market observers.

EconomyPolicyTrade

US Signals Progress on AGOA Trade Program Extension for African Nations

The Trump administration’s Africa envoy has signaled encouraging progress toward renewing the African Growth and Opportunity Act, which expired in September. Congress reportedly has until year-end to decide on extending the program that provides duty-free access for African exports to the US market.

Positive Movement on AGOA Renewal

The United States is making significant progress toward extending a crucial trade program that grants African nations duty-free access to American markets, according to recent reports. Massad Boulos, US senior adviser for Africa, indicated that discussions are moving “positively in the right direction” and noted that Congress has been given until the end of the year to make a decision on the program’s future.