While Tesla CEO Elon Musk did say in the company's third-quarter earnings call that there was a chance for Tesla to achieve profitability in Q4 when excluding non-cash stock-based expenses, and a smaller chance for it to be profitable when including non-cash stock-based expenses, investors shouldn't count on this forecast given Tesla's already-reported worse-than-expected deliveries. Indeed, this is probably why analysts, on average, are expecting Tesla to report a loss of $0.35 per share.