Copyright Bloomberg
In the stock market’s rarefied air where mega-cap technology behemoths reside, Tesla Inc. stands out — but for all the wrong reasons. Chief among them is its stunning lack of earnings growth while its stock price continues to soar. The Elon Musk -led electric vehicle-maker is expected to post a 25% drop in third-quarter profits from a year ago when it reports earnings on Wednesday, according to data compiled by Bloomberg. The decline is nothing new, as Tesla’s results have been in retreat for multiple years.
