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Should You Buy Tesla Stock Before It's Earnings? Here's What History Suggests

Market VisionWednesday, Oct 23, 2024 3:55 am ET
1min read

Tesla will release its third-quarter results on Oct. 23 after the market close. Investors now will focus on its core auto business, earnings, and outlook. 

And also Tesla's shareholders are expecting a good stock performance after the earnings' release, but will their wish get fulfilled? History may offer some clues. The chart above illustrates the price action of Tesla stock across the past 10 earnings periods. 

It's obvious that Tesla stock tends to experience heightened volatility around the times of its earnings releases.  

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.