Elon Musk speaks at Tesla earnings call

Elon Musk speaks at Tesla earnings call

Tesla is set to report its Q2 financial results on Wednesday, July 23, following a year of challenging news for the electric vehicle (EV) giant. Despite missing earnings estimates in three out of the past four quarters, Tesla's stock has shown resilience, up 30% more than its December 2024 low, indicating that investors remain cautiously optimistic.

Analysts expect Tesla to report revenue of $22.79 billion for the second quarter, down from $25.50 billion in the same period last year [2]. Earnings per share (EPS) are expected to be 42 cents, down from 52 cents in Q2 2024. The company has consistently missed revenue and EPS estimates, with six out of the last seven quarters reporting misses [2].

The earnings call will likely focus on several key areas, including the performance of Tesla's robotaxi tests, AI initiatives, and the company's expansion plans. Elon Musk's return to full-time focus on Tesla, following his departure from the White House, will be a significant talking point. Musk has been "sleeping in the office" to reassure shareholders that his companies have his full attention [3].

Analysts are mixed in their expectations for the earnings call. Wedbush analyst Dan Ives maintains an Outperform rating and $500 price target, highlighting the potential for demand stabilization and robotaxi expansion [2]. Bank of America analysts raised their price target to $341, driven by optimism for robotaxis and unsupervised Full Self-Driving (FSD) by the end of 2025, but remain cautious about overall industry pressures [2].

Tesla's second-quarter deliveries were 384,122, down from 443,956 in Q2 2024. Production was 410,244 units, slightly down from 410,831 in the same period last year [2]. The company's Cybertruck has fallen behind the F-150 Lightning and Hummer EV for third place among electric pickup trucks [2].

Investors will also be watching for any updates on the company's 2025 guidance, which was previously expected to be revisited in the second-quarter update. Additionally, Musk's potential involvement in AI firm xAI and the company's plans for humanoid robots and Mars colonization may be discussed [1].

The earnings call is expected to be a pivotal moment for Tesla, providing insights into the company's future growth trajectory and Musk's leadership. Despite the challenges faced, Tesla's stock performance suggests that investors are cautiously optimistic about the company's prospects.

References:
[1] https://www.irishtimes.com/your-money/2025/07/22/tesla-is-set-to-report-earnings-who-cares/
[2] https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46560027/tesla-q2-earnings-preview-will-robotaxis-ai-wartime-ceo-elon-musk-deliver
[3] https://nypost.com/2025/07/21/business/tesla-ceo-elon-musk-back-to-sleeping-in-the-office-ahead-of-earnings-this-week/