Low volume, near-zero earnings and earnings estimate activity, and scant economic reports leave today’s pre-market landscape scarce of much meaningful trading activity ahead of this morning’s opening bell. Which is fine, ultimately — it’s a seasonal thing, which especially after such a successful trading year as we’ve seen in 2017, can seem like a well-earned break.

Later this morning, we expect to see new figures on Consumer Confidence and Home Prices. The last read for Pending Homes Sales, for the month of October, rose 3%. We shall see if this positive outlook continues for the U.S. home buyer, and if recent holiday shopping season data is any indication — and it always is — then we can already expect strength in today’s upcoming read on consumer confidence.

One note we’ve seen this morning has to do with Tesla (TSLA Quick QuoteTSLA - Free Report) , specifically a downgrade at KeyBanc based on what the analyst there sees as another failed promise/missed deadline of the electric car manufacturing giant’s Model 3 sedan. The lower-priced automobile which many have expected to put Tesla more in-league with the Fords (F Quick QuoteF - Free Report) and GMs (GM Quick QuoteGM - Free Report) in the auto space in terms of units made and sold is now expected, according to KeyBanc, to only deliver 5000 cars, not the 15K earlier promised.

This has led to a slight sell-off in Tesla shares in today’s pre-market. We see the nice surge in the earlier part of this month melting away lately, ahead of next month’s quarterly earnings results. That said, even though Tesla is trading well lower than its mid-summer 52-week highs, the stock is still up roughly 44% year over year, nearly $100 per share.

Also, this typically has done nothing to make Tesla CEO Elon Musk gun shy regarding his plan toward new endeavors. In Tesla’s case, Musk now openly muses about an electric pickup truck. Such a product would indeed change the current landscape, but perhaps Musk should stay focused on his tasks at hand?