Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive surprises than negative ones. Companies had a lower bar to clear coming into the quarter,

Analysts expect the Austin, Texas-based company to report quarterly earnings at 40 cents per share, down from 52 cents per share in the year-ago period. Tesla projects to report quarterly revenue at $22.13 billion, compared to $25.5 billion a year earlier, according to data from Benzinga Pro.

Tesla, Inc.'s declining fundamentals and unsustainable valuation signal risk. Click for key TSLA challenges and why a Strong Sell rating targets $130–$140.

Tesla (TSLA) sales are down 21% in California, the largest EV market in the US, and this decline is dragging the entire EV market down. California accounts for roughly a third of EV sales in the US, making it the most significant electric vehicle market in America.

Tesla's sales drop in California highlights ongoing struggles ahead of Q2 earnings call. Wall Street expects revenue of $22.79 billion.

After soaring in 2023 and 2024, shares of Tesla (NASDAQ:TSLA) were battered throughout Q1 2025. And while the stock performed marginally better in Q2, the largest U.S. EV-maker slid into Q3. However,

Tesla faces declining revenue and EPS, losing market share to competitors like BYD, and domestic headwinds from high interest rates. Learn more on TSLA stock here.

Bank of America on Monday raised its price target on Tesla Inc. (TSLA) to $341 from $305 ahead of the EV maker’s second-quarter earnings. The new price target implies a 3.4% upside to Tesla’s closing price on Friday.