Driving the news: Tesla will release its second quarter earnings report this afternoon and CEO Elon Musk will brief reporters and analysts.
By the numbers: Per the Wall Street Journal, Tesla is forecast to post an adjusted loss of $1.82 cents per share, while revenues are expected to be $2.51 billion, compared to $1.27 billion in the second quarter of 2016.
Why it matters: The latest report will arrive at a pivotal juncture for the Silicon Valley electric vehicle and solar company. It has just begun deliveries of the Model 3 sedan designed to bring EVs to the mass market, with the goal of scaling production 20,000 per month by December. Analysts will also be looking for news on its recently launched solar roof product.
What else to watch: Signs of when the company can become consistently profitable; when it might return to capital markets to for another round of finance as it expands production of vehicles and batteries for cars and the power storage market; and an update on Musk's longer-term projects, like plans for electric semi-trucks.
State of the ship: Musk could be asked to comment on the departure of several senior executives in recent month. The latest became public Tuesday with the news, first reported by Bloomberg, that Kurt Kelty, director of battery tech, left the company after more than a decade.
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Hyperloop One update: Speaking of Musk, my Axios colleague David McCabe reports this morning that Musk's idea of super-fast, tube-based transportation is a step closer to reality.