Another day of reckoning for Tesla Inc., another day of questions around the Model 3 production. 

Tesla TSLA, -5.81% is scheduled to report first-quarter results on Wednesday after the bell. 

Model 3 production updates are bound to dominate the subsequent conference call with investors, as they have been since the first Model 3s rolled off the assembly line in July. 

And it is no wonder: The mass-market sedan, which starts around $35,000, is viewed as the engine of Tesla’s lofty ambitions, which include adding more passenger vehicles to its lineup, filling the preorders of its all-electric heavy-duty truck, and selling its solar roof tiles. 

Related:Tesla to make Model 3s around the clock and hire hundreds to reach goals, email says

Come Wednesday, Chief Executive Elon Musk has a clear mission: Assuage investors that previous production kinks with the Model 3 have been ironed out. 

In a leaked emailed memo to employees reportedly from Musk, the CEO said that Tesla is set to increase Model 3 production to 3,000 to 4,000 sedans a week in May, and it is aiming at a “steady” production run-rate of 6,000 Model 3s a week by the end of the year. 

Tesla has promised a run-rate of 5,000 Model 3 units a week by the end of the second quarter, after previously pulling down more ambitious targets, but Musk wrote on the leaked email that Tesla would like to build a cushion.  Tesla would be able to achieve a “steady” 6,000-a-week rate a few months later. 

Tesla in early April reported a first-quarter Model 3 production rate still below its goals. 

Here’s what else to expect:

Earnings: Analysts surveyed by FactSet expect Tesla to report an adjusted loss of $3.54 a share in the quarter, which would compare with a loss of $1.33 a share in the first quarter of 2017.  The GAAP loss is seen at $4.04 a share. 

Tesla last posted an adjusted profit in the third quarter of 2016, when it reported adjusted earnings of 71 cents a share. 

Estimize, a crowdsourcing platform that gathers estimates from Wall Street analysts as well as buy-side analysts, hedge-fund managers, company executives, academics and others, is expecting a loss of $3.26 a share. 

Revenue: Analysts polled by FactSet expect first-quarter sales of $3.28 billion for Tesla, which would compare with sales of $2.69 billion a year ago.  The analysts surveyed at Estimize expect sales to reach $3.24 billion. 

Stock reaction: Tesla shares have fallen 6% year to date, not as much as rivals -- General Motors Co. GM, -0.18% and Ford Motor Co. F, +0.22% shares have lost 8% and 8.2% in the same period.  The decline compares with a 0.2% loss for the S&P 500 index SPX, -0.27% and a 1.7% decline for the Dow Jones Industrial Average.  DJIA, +0.00%

Tesla’s trajectory looks worse on a 12-month span, with shares down more than 5% to a 12% advance for the S&P and 16% gains for the Dow.  Rivals are doing better, too, with GM shares up 9% and Ford eking out a gain of less than 0.1% in the past 12 months. 

Other issues: Analysts are likely to drill Musk and other top Tesla executives on another perennial Wall Street preoccupation when it comes to the Silicon Valley car maker: Will they or won’t they tap capital markets this year? 

Tesla has said it won’t need to, but there are plenty of people who believe it may want to raise money. 

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Analysts at Morgan Stanley said in a recent note they have modeled for a $2.5 billion capital infusion from an equity raise in the third quarter. 

The analysts also said they expect the company to miss its own Model 3 production deadline, and achieve the coveted 5,000 units a week rate by the end of the fourth quarter. 

Further Model 3 delays, analysts at Bernstein said in a note, would not necessarily “make or break Tesla” but would intensify the company’s cash burn. 

And then there’s ability to churn out Model 3s, and ability to churn out quality Model 3s.  Expect analysts to press management on reports that have questioned the build quality of the car. 

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Tesla could also finally disclose current Model 3 reservation numbers, a figure that it hasn’t updated since the car’s early days.  To reserve a Model 3, potential buyers have to pay a $1,000 refundable deposit.