'Expect some fireworks': What to look for in Tesla’s crucial earnings report on Tuesday
Posted: Apr 23, 2024
- Tesla is expected to report its worst quarter in years, with negative financial results - Consensus analyst forecasts predict a decrease in earnings per share, sales, and revenue year-over-year for Tesla - Tesla's stock has declined 23% since January without fresh financial results, showing deteriorating confidence from Wall Street - Elon Musk must address the future of Tesla, including the proposed Robotaxis and Model 2 electric vehicle line, during the upcoming earnings call - Analysts are looking for clarity on Model 2 and future plans from Musk to instill confidence in investors - Musk's net worth is estimated at $176.2 billion, making him the third-richest person in the world
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