Tesla Stock in the Spotlight: A Look at Upcoming Earnings, Analyst Activity, Technical Picture

Tesla Stock in the Spotlight: A Look at Upcoming Earnings, Analyst Activity, Technical Picture

Tesla Inc. (NASDAQ: TSLA ) shares are in the spotlight as earnings, analyst activity and interesting technicals converge.

Tesla stock is showing weakness. Why is TSLA stock retreating?

Earnings History & What To Expect

Tesla is scheduled to report second-quarter earnings on July 22. Tesla is expected to post earnings per share of 44 cents and revenue of $25.24 billion. In the most recent quarter, Tesla reported earnings per share of $0.41, beating estimates of $0.30 by 0.37%. Revenue came in at $22.39 billion, exceeding the estimate of $22.17 billion by 0.01%. Over the last 4 quarters, Tesla has averaged an EPS surprise of 0.19% and a revenue surprise of 0.02%. Investors should watch automotive gross margin excluding credits, along with operating margin, for evidenc...