Tesla Q1 Earnings Preview: What to Expect From Elon Musk's EV Giant

The article provides a preview of Tesla’s upcoming first-quarter earnings report, scheduled for April 19th. It highlights key expectations and factors that could impact the electric vehicle (EV) company’s performance. Analysts anticipate Tesla to report revenue of $23.2 billion, a 36% year-over-year increase, driven by strong demand for its vehicles. However, concerns over rising costs, supply chain disruptions, and economic headwinds may weigh on profitability. Tesla’s ability to navigate these challenges and maintain its production and delivery targets will be closely watched. Additionally, updates on the Cybertruck, new factories, and Elon Musk’s leadership amid Twitter acquisition plans will be in focus. The article also discusses Tesla’s stock performance, valuation, and competitive landscape.

Source: https://markets.businessinsider.com/news/stocks/tesla-q1-earnings-stock-price-preview-outlook-forecast-elon-musk-2024-4