SpaceX and Tesla Key Metrics in Focus Ahead of This Week's Earnings
TSLA Tesla Inc
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View chart & analysis → - 1SpaceX (SPCX) will report third-quarter results on Tuesday, October 20, and Tesla (TSLA) on Wednesday, the 21st
- 2Tesla's third-quarter deliveries were 486,500 units, down 2% year-over-year but exceeding expectations, with a gross margin of 17.9% and an operating margin of 2.5% expected
- 3SpaceX will release its second report since its June listing, with growth in Starlink subscribers, which doubled to 12 million in the second quarter, being the key factor
So what's the key point?
Two companies led by Elon Musk are releasing their performance reports this week. Interest is focused on whether Tesla increased profits alongside its car sales and whether SpaceX Starlink subscribers continue to grow.
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