Tesla reports earnings after the bell on Wednesday.

Here’s what Wall Street expects:

• Adjusted loss per share of $2.29, according to Thomson Reuters
• Revenue: $2.95 billion, according to Thomson Reuters

The California-based electric car maker is continuing to ramp up production of its Model 3 sedan, after bottlenecks resulted in the company falling far short of quarterly production goals.

Tesla also fired several hundred employees in recent weeks, particularly from its Model S and X departments, and its solar panel business. The United Auto Workers has filed a complaint against Tesla with the National Labor Relations board over the terminations.

Tesla said it fired the employees based on performance reviews, but some employees and former employees said reviews never took place.

Shares of Tesla have risen more than 50 percent since the beginning of the year. Shares of far larger automaker General Motors have climbed about 23 percent, while Ford shares are up nearly 2 percent.

Source: Tech CNBC
Tesla to report third-quarter results after the bell