Today, the electric car giant is releasing its results report. Last week, Tesla released its sales figures for the third quarter. It became a clear increase, partly as a hoarding effect of the US tax rebate on electric cars being removed on September 30.
But the latter can mean significant revenue losses going forward, according to assessors, especially since the cheaper models of Tesla Y and 3 have not received any particularly cheering reception from the car market.
Crash in Europe
And in Europe, sales have dropped significantly with major crashes throughout the year.
Much has been about Tesla's CEO, super billionaire Elon Musk's actions, from the cooperation with the US President Donald Trump to his dealings with right-wing extremist forces in Europe.
His work for the Trump administration to tighten the state's expenses, regardless of what one thought politically about this, was not particularly well received by shareholders and the stock price plummeted.
But when he, after some verbal war of words with Trump, jumped off in the spring and promised to focus on the car company again, the stock has risen significantly on the US stock exchange.
AI rally
The Tesla stock has also to some extent ridden the general AI rally, with robot taxis and self-driving cars on the agenda. After a significant rollercoaster ride during the year, the stock price is up to 20 percent plus since the turn of the year. Since a dip in the spring, it has risen 100 percent.
Something that also affects is Elon Musk's upcoming giant package in potential compensation. At the annual meeting on November 6, the owners will vote on his proposed compensation package of up to enormous 1,000 billion dollars. If it is voted through and the company subsequently reaches highly set goals, Musk's share of the electric car company will increase to 25 percent.
Musk works without a regular salary from the company, but it is not the first time his compensation is under scrutiny. Last year, he received 100 million dollars in a stock-related bonus package after various court proceedings.
