LIVE: Tesla reports earnings

Tesla will report its second-quarter earnings after the market closes on Wednesday.

But investors will be focusing on a lot more than how Tesla's revenue and sales shaped up during the quarter.

The electric-car maker has had a newsy year.

To recap some of the big news, two executives responsible for building cars left the company as it prepared to launch its mass-produced Model 3.

In May, the company said 373,000 reservations had been made for the vehicle, and analysts will be looking out for any updates to this number.

In July, the company said it delivered 14,370 vehicles in the second quarter, short of its target of 17,000. It said an "extreme" production ramp and an unusually high number of vehicles still on their way to consumers caused the miss.

And on Monday, Tesla announced its $2.6 billion acquisition of SolarCity - another company that CEO Elon Musk owns a stake in. SolarCity has lost 20% of its value this year, and the deal raises concerns about why Tesla is adding another cash-burning company to its own, and the long-term earnings potential of a combined company.

Analysts are estimating an adjusted loss per share of $0.60 for the second quarter, and revenue of $1.63 billion, according to Bloomberg.

Tesla shares were little changed ahead of the earnings release. They've fallen 6% this year.

More to come ...