Tesla Motors Quiet Ahead Of Q1 Report

Tesla Motors Inc.

shares are trading lower by $2.30 at $211.49 in Tuesday's session. The company will release its Q3 earnings report after the close. The Street is looking for a EPS ($0.48) on revenues of $1.26B. Ahead of the report, the issue has found resistance ahead of Monday's high ($215.80), only reaching $214.44, On the downside, its is finding support ahead of Monday's low ($297,22), so far only reaching $210.47. Since it Q2 miss on August 5, it has been in wide trading range. Bottoming on August 24 at $195 and peaking on September 21 at $271.57.