EV automaker announced some pretty dismal numbers, including a net year-over-year sales decline and weak earnings numbers that included a 71% dip in net income to $2.3 billion. Despite signs pointing downwards,

Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday.

Tesla’s sales have dropped by double digits in California, the most important EV market in the US, all while the rest of the EV market is growing.