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Tesla’s Earnings Are Expected to Be Ugly

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How to Play Tesla Ahead of Earnings
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The time has finally come for the market to find out just how ugly Tesla Inc.’s first quarter was.

Expectations for the period have been lowered sharply in recent weeks, especially after disappointing delivery numbers were announced earlier this month. That continued the lousy sentiment precipitated earlier in the year by Tesla cutting jobs and vehicle prices and warning of a “difficult” road ahead. What’s followed has been mounting concern that demand has topped out.