Wedbush Securities analyst Dan Ives wrote Tuesday the “set-up” to Tesla earnings is a “dramatically different one than three months ago,” adding Tesla's AI initiatives will be “front and center for investors” on Tesla's earnings call as analysts will be “listening carefully” about the company's possible investment into Musk's xAI.
Tesla is scheduled to release earnings after Wednesday's close. The stock hit a record high of $488.54/share in December 2024 and is currently trading near $333.
With President Trump's recent budget bill rocking the automotive industry, Wall Street analysts are adjusting their ratings and price targets for two of the most closely watched electric vehicle (EV) stocks: Tesla (NASDAQ: TSLA) and Lucid Group (NASDAQ: LCID).
Stock futures are rising after President Donald Trump announced a trade deal with Japan; Tesla (TSLA) and Google parent Alphabet (GOOGL) are set to release quarterly earnings reports later today; digital payments provider Block (XYZ) is set to join the S&P 500; and GoPro (GPRO) and Krispy Kreme (DNUT) are surging as traders pile into the latest meme stocks. Here's what investors need to know today.
Tesla (NASDAQ: TSLA) stock closed Tuesday's trading session at $332.11, gaining 6.09% over the past five days ahead of its second-quarter earnings report, scheduled for release Wednesday, July 23, after the bell.
Wall Street is anticipating Tesla's (NASDAQ: TSLA) Q2 earnings report, set for release on July 23, with an artificial intelligence (AI) model projecting limited upside for the stock.
Tesla's sales in the nation's largest EV market are collapsing. Elon Musk's automaker saw registrations in California fall more than 20% in the last quarter.
Tesla will provide an update on its second-quarter earnings on Wednesday. Investors want to know more about the company's progress on robotaxis and affordable Tesla models.
Tesla Inc (NASDAQ:TSLA) will hand down its second quarter earnings this week amid a dramatically different backdrop than just three months ago, according to Wedbush analysts. “While near-term and this quarter the numbers are nothing to write home about, we believe investors are instead focused on the AI future at Tesla with a motivated [CEO Elon] Musk back driving Tesla's future,” the firm wrote.
Tesla, Inc.'s fundamentals have deteriorated: sales are down, margins are compressed, and free cash flow is shrinking, with guidance becoming increasingly vague. TSLA stock trades at extreme valuation multiples (EV/EBITDA ~80x, P/E ~178x), unsupported by growth, profitability, or innovation relative to peers like BYD. Key risks include expiring U.S. tax credits, weak new product pipeline, operational setbacks in Cybertruck and Robotaxi, and fierce Chinese competition.
Elon Musk opened a new Tesla Diner in Hollywood, California, that has charging stations and two 66-foot movie screens. The diner serves American comfort food in Tesla-themed packaging.
I am downgrading Tesla, Inc. stock to Hold ahead of Q2 earnings due to poor recent results, negative revisions, and a risky near-term outlook. Tesla faces declining revenue and EPS, losing market share to competitors like BYD, and domestic headwinds from high interest rates. TSLA stock's valuation looks stretched with too aggressive long-term EPS growth assumptions; consensus target price signals potential downside from current levels.