Reported 1 day ago
Tesla is set to release its first-quarter earnings after the market closes on Tuesday, and traders are expecting significant stock fluctuations. Historically, Tesla shares have averaged a 12.3% movement after earnings reports, and options pricing suggests a possible shift of about 9.3% in either direction, putting the stock between $218.92 and $263.82. Investors are concerned about declining EV sales and CEO Elon Musk's controversial activities, but they are hopeful for positive news regarding Tesla's advancements in artificial intelligence and upcoming projects like the robotaxi network.
Source: YAHOO