Tesla stock falls ahead of third-quarter earnings

Tesla Inc. stock fell 2% Wednesday ahead of the company’s third-quarter results.

Tesla TSLA, +1.50% is scheduled to report quarterly earnings after market close and to hold a conference call with analysts at 6:30 p.m. Eastern. MarketWatch will live-blog the call.

The Silicon Valley car maker surprised markets late Monday in scheduling the report with little notice and much sooner than anticipated.

The stock closed nearly 13% higher on Tuesday, boosted by hopes that the earlier schedule meant that Tesla would report adjusted profits and better cash positions for the quarter.

Another boost came Tuesday as noted short seller Citron Research reversed its course on Tesla stock and said it went long as Tesla “is destroying the competition.

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