Analysts expect Tesla to report consensus revenue of $22.71 billion and an EPS of $0.21, as the stock trades near $392.46, slightly below the average analyst price target of $405.04.
The primary focus for this report is the automotive gross margin excluding regulatory credits, which investors are monitoring for signs of stabilization following recent price adjustments and production shifts.
Despite a recent rally driven by AI chip developments, Tesla faces scrutiny after Q1 vehicle deliveries of 358,023 units missed consensus estimates.
Investors are also seeking clarity on the "Terafab" AI compute facility's costs and the updated roadmap for the company's autonomous driving initiatives.