Overview

• Tesla will release its first-quarter earnings after the market closes on Tuesday, with revenue expected to dip below $21.2 billion and adjusted EPS forecast at $0.42.
• Analysts remain split on Tesla stock, with 10 buy, four hold, and four sell ratings, and the average price target reduced by nearly $50 since last quarter.
• Deliveries and production fell short of estimates for the second consecutive quarter, and shipments of parts from China for key vehicles have been paused due to U.S. tariffs.
• Consensus estimates for Tesla's revenue and adjusted EPS have been slashed by over 16% and 40%, respectively, compared to last quarter.
• Tesla's results will be closely watched alongside other Magnificent Seven companies, as 70% of reporting S&P 500 firms have exceeded Q1 earnings expectations so far.