$Tesla Motors(TSLA)$ Chief Executive Elon Musk is under pressure to show investors that he can keep Tesla's profit machine humming, after a disappointing third quarter in which its sales momentum slowed despite steep price cuts.
The electric-car pioneer is set to report financial results for the July-to-September period after the markets close Wednesday.
While revenue is expected to climb from the same year-ago period, net income is projected to take a hit, falling about 34% in the third quarter to $2.2 billion, according to analysts surveyed by FactSet.
Weighing on the company's quarterly profit are price cuts that have reduced the starting prices of some Tesla vehicles by about one-third this year.
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