Tesla Inc (NASDAQ:TSLA) shares are trading flat Wednesday afternoon as investors are bracing for the electric vehicle giant’s second-quarter financial results, due after the market close. Here’s what investors need to know.What To Know: While headline numbers are expected to show a decline, the focus has shifted sharply towards the company’s future growth initiatives, particularly its robotaxi service and broader artificial intelligence ambitions.Analysts project revenue of $22.79 billion and earnings of 42 cents per share, representing significant year-over-year drops. This follows a trend of underperformance, with Tesla missing revenue and earnings estimates in most of the last seven quarters. The company already reported a drop in second-quarter vehicle deliveries to 384,122 units, down from over 443,000 in the same period last year.Despite the expected weakness, some analysts remain bullish. Wedbush’s Dan Ives maintains an Outperform rating, arguing that the focus is ...Full story available on Benzinga.com
As Earnings Season Heats Up, Tesla's Future Plans Are Under The Microscope
