Tesla Is Set to Report Earnings
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Investor's Business Daily on MSNDow Jones Futures: Tesla Earnings Fall, Elon Musk Sees Big Robotaxi Expansion; Trump Trade Deals Lift Stock MarketThe S&P 500 hit a new high on Trump trade deals. Tesla and Google led earnings movers late with Elon Musk speaks.
US stocks climbed on Wednesday after the US struck a trade deal with Japan, lifting hopes for further tariff pacts as Wall Street got ready for Tesla (TSLA) and Alphabet (GOOGL, GOOG) earnings. The Dow Jones Industrial Average (^DJI) rose more than 1%,
Tesla's earnings are due today with an investor call at 5:30 p.m. ET. Elon Musk's politics have rocked TSLA stock, with shares down 18% YTD.
Investors held onto hopes that the U.S. and Japan’s trade agreement could lead to a tariff breakthrough with other countries, and pushed the S&P 500 and Nasdaq Composite to fresh record highs.
US stocks climbed on Wednesday after the US struck a trade deal with Japan, lifting hopes for further tariff pacts as Wall Street got ready for Tesla (TSLA) and Alphabet (GOOGL, GOOG) earnings. The Dow Jones Industrial Average (^DJI) rose more than 1.
Tesla enters Wednesday trading with a market value north of $1 trillion, along with eight other companies in the S&P 500: Nvidia, Microsoft, Apple, Amazon.com, Alphabet, Meta Platforms, Broadcom, and Berkshire Hathaway.
Tesla's stock gained more than 1% in the extended session Wednesday, after the EV maker reported second-quarter earnings that were largely in line with Wall Street's expectations. Investors appeared to cheer news that a cheaper Tesla model is still in the works.
Tesla Inc (NASDAQ:TSLA) shares are in the spotlight Tuesday ahead of earnings this week. Here's a look at what you need to know.