⁍ Analysts on average expect Tesla to report net income of $593 million in the third quarter on revenue of $8.4 billion.

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⁍ Tesla must deliver more than 181,600 vehicles in the last three months of the year.

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⁍ The electric carmaker has stuck to its forecast of delivering half a million vehicles in 2020.

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– When Tesla reports third-quarter results after the bell on Wednesday, it will be the next three months, and whether CEO Elon Musk can achieve the company’s ambitious year-end goal, that analysts will be interested in. The electric carmaker has stuck to its forecast of delivering half a million vehicles in 2020. That means Tesla must deliver more than 181,600 vehicles in the last three months of the year—a 30% increase from record third-quarter deliveries of 139,300 vehicles. While several analysts believe that goal is attainable, others see a worsening macroeconomic environment ahead. “I’m … cautious about demand given the recessionary environment and accelerating pace of coronavirus infections, making it tough for the company to hit its 500K car sales target for the year,” Haris Anwar, senior analyst at investing.com, tells Reuters. 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.