|Bid||0.00 x 1200|
|Ask||0.00 x 1200|
|Day's Range||419.05 - 431.75|
|52 Week Range||50.27 - 502.49|
|Beta (5Y Monthly)||1.69|
|PE Ratio (TTM)||1,093.11|
|Earnings Date||Oct. 21, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||309.55|
General Motors today revealed the GMC Hummer EV, its first electric pickup. Yes, it sort of looks like the Tesla Cybertruck. Three motors within two Ultium drive units power the vehicle and it appears to have the longest battery of any GM vehicle with an electric powertrain.
Tesla is set to report its third-quarter earnings on Wednesday after the bell. Yahoo Finance’s Emily McCormick joins Akiko Fujita to discuss what investors should be expecting.
The electric carmaker has stuck to its forecast of delivering half a million vehicles in 2020 despite a global pandemic and economic upheaval that has sunk most of its internal combustion rivals deep into the red. Analysts on average expect Tesla to report net income of $593 million in the third quarter on revenue of $8.4 billion, according to Refinitiv data. Several analysts, including Frank Schwope at Nord/LB, believe the positive numbers are due to regulatory credits - payments Tesla receives from other carmakers to offset their emissions.