New Delhi, Oct. 22 -- US stocks slipped on Wednesday amid a flood of corporate earnings and as investors awaited the results from electric vehicle giant Tesla later on today.

Wall Street analysts anticipate the Elon Musk-owned company will announce positive earnings, following robust sales in the third quarter. This sales surge occurred as American consumers rushed to avail themselves of an EV tax allowance that had been reduced by President Donald Trump. The EV maker declined nearly 2%.

At 11:17 a.m. ET, the Dow Jones Industrial Average fell 109.83 points, or 0.23%, to 46,814.91. The S&P 500 lost 20.27 points, or 0.30%, to 6,715.08, while the Nasdaq Composite lost 153.97 points, or 0.67%, to 22,799.70.

As of 10:15 AM Eastern Time, the...