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Profit or not? Analysts divided ahead of Tesla's second-quarter results

Analysts' estimates for Tesla's second quarter range from an adjusted loss as steep as $2.53 a share to a $1.41 per share profit

Tesla, elon musk
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Nord LB analyst Frank Schwope expects global auto production and sales to collapse by 15% to 25% worldwide in 2020, but said Tesla might be more insulated as its buyers remain committed.

Tina Bellon and Akanksha Rana | Reuters
When Tesla Inc reports second-quarter results after the bell on Wednesday, investors will be keen to see whether the electric carmaker has delivered a profit during the global pandemic that has sunk most of its internal combustion rivals deep in red ink.
Analysts' estimates for Tesla's second quarter range from an adjusted loss as steep as $2.53 a share to a $1.41 per share profit. On average, they expect an adjusted 11 cents loss per share and a net loss of $240 million, according to Refinitiv data. More bullish investors have sent Tesla's shares soaring in recent weeks and made it

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