Tesla is poised to announce a significant surge in its third-quarter results, largely due to a rush from U.S. buyers eager to capitalize on the $7,500 federal EV tax credit. However, the spotlight is expected to be on CEO Elon Musk's insights regarding the company's future, particularly the new, cheaper variants of its Model 3 and Model Y.

These 'Standard' trims are priced $5,000 to $5,500 less than previous models by reducing the battery size, using a less-powerful motor, and removing various features. Despite these cost-cutting measures, Tesla's offers and global discounts have put pressure on its profit margins, causing investor unease.

With the results set to be announced after 4 p.m. EDT, and a conference call scheduled for 5:30 p.m. EDT, investors are keenly awaiting updates on Tes

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