Earnings Preview | Roadster Soars, Profits Plunge: Can Tesla's (TSLA.US) "Narrative Valuation" Hold Up?

Zhitong Finance APP has learned that after the market closes on October 21, Tesla (TSLA.US) will release its third-quarter financial report. The company's third-quarter deliveries fell 2.1% year over year, but its trailing price-to-earnings ratio currently exceeds 200 times. The high valuation reflects expectations for autonomous driving software and energy storage technology, rather than expectations for current operating margins in the automotive industry.