Tesla rises 1% premarket, trading at $334.03

Monday, Jul 21, 2025 4:02 am ET1min read

Tesla rises 1% premarket, trading at $334.03

Tesla (TSLA) stock rose 1% premarket on July 2, 2025, trading at $334.03. The increase comes despite analysts' mixed expectations ahead of the company's second-quarter earnings report, scheduled to be released after the market closes on Wednesday [1].

Tesla is expected to report a 10% decline in revenue from the same time last year, with adjusted earnings per share projected to fall nearly 20% year-over-year [1]. Analysts are divided on the stock's future performance, with an average price target suggesting most expect shares to decline. While some analysts remain bearish, others are more optimistic, with varying opinions on the impact of CEO Elon Musk's comments and the company's recent projects [1].

The stock's movement could be influenced by Musk's comments on the quarterly earnings call, particularly regarding Tesla's robotaxi program and other initiatives, rather than the actual earnings results [1]. Despite the mixed outlook, Tesla's shares have lost nearly a fifth of their value since the start of the year, making it the worst-performing member of the Magnificent 7 stocks in 2025 [1].

In other news, Tesla has sold more than 3 million Model 3 sedans globally since the car's debut in 2017, achieving this milestone ahead of its second-quarter earnings report [2]. The company delivered 48,803 Model 3s in the June quarter, which was well below the Model Y's production of 86,120. The electric-car maker delivered 384,122 vehicles in the second quarter, down 13.5% from the same quarter last year [2].

Tesla's stock has declined 13.1% so far in 2025, and retail sentiment on Stocktwits remains neutral amid low message volume [2]. The company has also rolled out performance upgrades for its Model 3 Long Range and Model Y Long Range, with shorter delivery wait times for both vehicles [2].

References:
[1] https://finance.yahoo.com/news/analysts-think-tesla-stock-ahead-162532103.html
[2] https://stocktwits.com/news-articles/markets/equity/tesla-hits-3-million-model-3-sales-even-as-market-braces-for-soft-q2-earnings/ch8q64aR5AK

Tesla rises 1% premarket, trading at $334.03

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