Tesla to release third-quarter earnings statement following market close.

• Tesla is set to report third-quarter earnings after the bell on Wednesday.
• According to LSEG, analysts predict earnings per share of 58 cents and revenue of $25.37 billion.
• Shareholders want more specifics about the dedicated robotaxi concept Tesla recently unveiled.

The company will release its third-quarter earnings report on Wednesday following the end of regular trading.

Here's what analysts are expecting:

• Earnings per share: 58 cents, according to LSEG consensus estimates.
• Revenue: $25.37 billion, according to LSEG

In the third quarter, Tesla delivered 462,890 vehicles, which is the closest approximation to sales reported by the company. Additionally, Tesla stated that it had produced 469,796 electric vehicles during the period ending September 30.

Despite a 6% increase in deliveries from the previous year, Tesla's sales fell short of analysts' predictions, marking the third consecutive quarter of year-over-year declines. To boost sales, Tesla has been providing various discounts and incentives for electric vehicles, which may put additional pressure on margins.

The earnings report is due before the much-awaited robotaxi event, which left shareholders wanting more information, and after the presidential election, which has occupied a significant portion of CEO Elon Musk's schedule recently. Musk has been actively campaigning for the Republican nominee and former President Donald Trump.

A substantial number of investors, as per submissions via Say Technologies, are interested in understanding the potential impact of Musk's pro-Trump activism on Tesla's stock price and the company's overall performance.

Despite Trump not supporting federal spending on EVs, charging infrastructure, and environmental regulations that have benefitted Tesla for years, Musk has spent tens of millions of dollars to get the former president back into the White House.

At a recent event in Harrisburg, Pennsylvania, Musk stated that he believes numerous government agencies and regulations in the U.S. are ineffective and unnecessary.

"Even if I am a government official, don't trust the government."

Despite facing increased competition from companies like BYD and Geely, as well as new generation automakers Li Auto and Nio, Tesla continues to be a leader in the electric vehicle market. Meanwhile, legacy automakers Ford and General Motors are starting to sell more electric vehicles, despite having previously walked back their prior electrification commitments in the U.S.

According to Jefferies analysts, Tesla's operating performance suggests that the EV gap with traditional OEMs is narrowing and closing compared to Chinese competitors. However, Tesla is no longer capacity constrained and is facing two years of subdued growth due to the aging of core models and the challenges of scaling variable and fixed costs. The analysts advise holding the stock.

The focus of investor questions ahead of Wednesday's call is on the company's advancements in developing its dedicated robotaxis, self-driving software, and humanoid robots. Additionally, shareholders are interested in learning about the profitability and popularity of the Cybertruck.

Despite quality issues with the angular steel pickup, Tesla sold more than 16,000 Cybertrucks in the U.S. in the third quarter, according to Kelley Blue Book estimates.

Tesla has not given any specific instructions for 2024, but executives anticipate a decrease in delivery growth compared to the previous year.

While the Nasdaq has gained 23% this year, Tesla shares have only risen by 13%.

WATCH: Tesla's stock lower on Cybercab timing and no affordable model update