Why Tesla Shares Are Rising Ahead of the Company's Earnings Report and Elon Musk's Critical Earnings Call
Shares of the electric-vehicle (EV) company Tesla (NASDAQ: TSLA) traded nearly 5% higher, as of 2:26 p.m. ET today. The company will report its first-quarter earnings results after the market closes, followed by a conference call that will likely feature CEO Elon Musk.Tesla already disclosed earlier this month that deliveries came in around 337,000 for the quarter, one of the worst showings in over two years, so investors aren't overly concerned about the numbers. Wall Street analysts are projecting $0.39 of earnings on revenue of $21.11 billion.Analysts and investors will be more focused on any kind of guidance provided by the company and any updates on Tesla's future initiatives, which are critical for the stock. Those initiatives include the company's cybertruck, more affordable vehicles, full self-driving cars, and robotics. The spotlight will be squarely on Musk, who has been embroiled in controversy ever since getting involved with the Department of Government Efficiency (DOGE), an initiative launched by President Donald Trump to rein in government waste.Continue reading
Shares of the electric-vehicle (EV) company Tesla (NASDAQ: TSLA) traded nearly 5% higher, as of 2:26 p.m. ET today. The company will report its first-quarter earnings results after the market closes, followed by a conference call that will likely feature CEO Elon Musk.
Tesla already disclosed earlier this month that deliveries came in around 337,000 for the quarter, one of the worst showings in over two years, so investors aren't overly concerned about the numbers. Wall Street analysts are projecting $0.39 of earnings on revenue of $21.11 billion.
Analysts and investors will be more focused on any kind of guidance provided by the company and any updates on Tesla's future initiatives, which are critical for the stock. Those initiatives include the company's cybertruck, more affordable vehicles, full self-driving cars, and robotics. The spotlight will be squarely on Musk, who has been embroiled in controversy ever since getting involved with the Department of Government Efficiency (DOGE), an initiative launched by President Donald Trump to rein in government waste.
![How to Find Low-Competition Keywords with Semrush [Super Easy]](https://static.semrush.com/blog/uploads/media/73/62/7362f16fb9e460b6d58ccc09b4a048b6/how-to-find-low-competition-keywords-sm.png)
