The broad public and investors have something in common these days: They don't have not a lot of love for either Tesla or CEO Elon Musk.
U.S. equities bounced back from yesterday's sharp selloff at midday as investors turned their focus away from macroeconomic concerns to corporate earnings. The Dow Jones Industrial Average, S&P 500, and Nasdaq all rose about 2%.
Tesla's stock price has been on a steep downward trajectory heading into the company's first-quarter earnings report on Tuesday after the bell. The company is expected to report a slight year-over-year decline in revenue.
Tesla (TSLA) shares climbed Tuesday ahead of the company's first-quarter earnings report, which is due after the closing bell.
CNBC's Phil LeBeau reports on Tesla's quarterly earnings results.
After the electric vehicle giant released its Q1 '25 production and deliveries, in early April '25, the stock turned south once again. Estimates for tonight expect $21 billion in revenue, $1.1 billion in operating income, and EPS of $0.39 per share for expected y-o-y growth of -1%, -6% and -13%. The biggest negative that came out this weekend on the stock is that the “low-price” or under $30,000 Tesla version would be delayed.
Tesla's Q1 earnings picture looks bleak, with many analysts lowering their target price.
Tesla will report earnings from the first three months of 2025 Tuesday, which analysts expect will reveal the electric vehicle firm's worst quarter in years as CEO Elon Musk's outspoken White House role weighed heavily on the company's performance.
The carmaker is expected to report a decline in quarterly earnings after Tesla's brand suffered because of its chief executive's role in the Trump administration.
The consensus among analysts is that Tesla Inc. (NASDAQ: TSLA) revenue for the most recent quarter, which it will announce today, will be $21.3 billion.
It wasn't long ago that Tesla Inc (NASDAQ:TSLA) was the crown jewel of many a UK investor's portfolio. Held in tech-heavy global equity funds, plugged into pensions and ISAs, and chased by retail investors eager to back Elon Musk's vision, the electric vehicle maker had all the ingredients of a growth story: scale, innovation, and a charismatic leader at the helm.
Mike Khouw, OpenInterest.Pro chief strategist, joins CNBC's Melissa Lee and the Options Action traders.