Tesla Inc. is scheduled to release their FQ2’18 earnings today, August 1st after the market closes.

According to Estimize, the earnings per share (EPS) for Tesla is anticipated to come in at -$2.75, which would denote a year-over-year decrease of -103%. Wall Street anticipates an EPS of -$2.76.  Estimize projects a revenue of $3.865B in comparison to Wall Street’s estimate of $3.790B in revenue. Tesla announced Q2 Deliveries early, delivering 53,339 vehicles during the quarter, a 142% increase YoY, and beating expectations for 42,509.

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Analysts have become increasingly pessimistic about Tesla’s impending financial reports for the upcoming quarter. Over recent weeks, analysts have continued to lower their revenue estimates and expand expected losses for the upcoming quarter. This could result in an overall lapse in the reputation of the stock.

Steve Eisman, who was profiled in the book, ‘The Big Short’, commented on Elon Musk in a recent interview with Bloomberg. He described Musk as having execution issues and that he is “nowhere in the autonomous driving industry”.  Tesla’s recent financial standing and inability to execute at times has worried investors, but still, there is a large community that wouldn’t dare bet against Elon Musk!