Tesla, Q2
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Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive surprises than negative ones. Companies had a lower bar to clear coming into the quarter,
Robo-taxis will be a big topic of discussion on Tesla’s second-quarter earnings conference call. Investors got some robo-taxi news just before that event. Wednesday afternoon, [Bloomberg](
Tesla’s second quarter earnings call comes as Elon Musk’s automaker tries to revitalize EV sales and turn its robotaxis into moneymakers.
The Cantor Fitzgerald analyst discusses disappointing deliveries and soft energy revenue, lowering his estimates from $24.1 billion to about $21 billion. That’s a major reset in investor expectations just a couple of days before Tesla opens the books.
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ISI Evercore analysts worry Tesla's second-quarter numbers could be "lackluster," then add two more things to the list. Production of the Optimus, Tesla's humanoid robot, is reportedly facing delays.
Even with shares down 12% this year, Tesla Inc. (NASDAQ:TSLA) still carries an out-of-this-world price-to-earnings ratio of 189x. That's not just lofty—it's meme-level. Tesla's Valuation Is Still From Another Planet For context,
Economists expect double-digit drops for the automaker’s top and bottom lines after a record decline for quarterly vehicle deliveries.
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Investor's Business Daily on MSNDow Jones Futures Rise On Trump's Japan Trade Deal; Tesla, Google, GE Vernova Earnings DueDow futures rose as Trump announced a Japan trade deal after growth lagged the stock market. Tesla, Google and GE Vernova are due Wednesday.