Shulou(Shulou.com)11/24 Report--

Beijing time on October 19 news, looking at the world, the auto market seems to be under certain pressure, Tesla car demand will also be under pressure? The company may be able to reveal a trace when it reports results on Wednesday Eastern time. Some analysts doubt whether Tesla can stop the economic slowdown and continue to raise prices without sacrificing sales.

Mr Musk insisted that Tesla had "no demand problem", but information released by Tesla earlier this month showed that third-quarter delivery figures were lower than expected. Wall Street is worried about Tesla's performance in China, as Tesla faces fierce competition with local brands such as BYD, Xilai and Xiaopeng.

The global car market is full of suspense, the Fed raises interest rates, the economy is weak, and consumers may be hesitant in the face of bulk purchases. Analysts believe that Tesla can start with price if he wants to stop the decline in demand and stimulate revenue growth.

Perhaps because of the 24% increase in the average selling price of Tesla's Model 3 in the United States since January last year, Tesla's revenue is likely to hit a new high in the third quarter of this year.

Judging from the current attitude of analysts, they think Tesla's revenue will grow by 60% in the third quarter to $21.96 billion, or $1 per share.

Earlier this month, an individual investor suggested that Musk buy back shares online, and Musk agreed with him. The buyback is good for Mr Musk, who is Tesla's largest shareholder with a 15 per cent stake and now needs money to buy Twitter.

Some experts believe that after Tesla announces the financial results, Musk may sell shares worth $3 billion to raise enough money for the acquisition.

"if Musk sells a lot of shares after the earnings announcement, it could be a sign that the Twitter deal is about to be completed," said Adam Badawi, a law professor at the University of California, UC Berkeley.

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