Tesla Q2 Preview: Robotaxi Goal Missed, $27.6B Revenue Expected
TSLA sits 28% above its 52-week low of $297.82.
Summary
Tesla reports Q2 earnings on July 22, with consensus expecting $27.6B in revenue and ~$0.55 adjusted EPS, marking year-over-year growth. The company missed its H1 robotaxi deployment target — services are live in only five markets, with four more preparing, versus an original nine-city goal. Separately, Tesla bought $2B of SpaceX stock in March (under 1% stake) and recorded ~$87M in Q1 revenue from SpaceX Megapack sales. The robotaxi miss adds a negative data point ahead of earnings, while the SpaceX investment and energy revenue highlight diversification efforts.
At the time of this announcement, TSLA was trading at $380.04 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $1.4T. The 52-week trading range was $297.82 to $498.83. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.