Tesla Earnings Preview Highlights AI, Self-Driving, and Affordable EVs

Wall Street anticipates updates on Tesla's AI initiatives, including full self-driving and a rumored lower-cost vehicle, as competition intensifies globally.

Tesla is set to report its Q4 2024 earnings after the market closes today, with analysts projecting $0.67 earnings per share and $27.2 billion in revenue.
Investors and analysts are focused on updates regarding Tesla's AI-driven projects, such as full self-driving technology, robotaxis, and the humanoid Optimus robot.
Speculation surrounds a rumored sub-$30,000 EV, potentially called 'Model Q,' which could help Tesla compete in the growing affordable EV market dominated by Chinese automakers like BYD.
Tesla faces challenges from declining deliveries in 2024, increased competition from Chinese EV makers, and new European tariffs impacting its profit margins.
Analysts remain divided on Tesla's valuation and growth prospects, with some highlighting potential from AI developments and others questioning feasibility of autonomy and delivery goals.