Tesla Inc (TSLA) Earnings Preview: Stakes Are Higher Than Ever

As always, there are a ton of questions swirling around in regards to Tesla Inc (NASDAQ:TSLA). Analysts are looking ahead to the company’s Q2 earnings report as the next potential spot to gain additional clarity on the company’s progress – or lack thereof.

Marketwatch has a preview of what to expect from Tesla.

The question for Tesla investors may not be asked during the post-results call but it’s increasingly pertinent: Are Musk’s outbursts against analysts, the media, critics and others mere distractions for Tesla, or are they signs of more serious problems at the Silicon Valley auto maker?

Tesla long has been a polarizing stock, and the bear vs. bull needle is unlikely to move much either way when it releases second-quarter numbers on Aug. 1.

CEO Elon Musk is consistently in the headlines for commentary he shares on social media, and it’s getting to the point that observers are questioning his ability to lead the company due to some of the outbursts and other talking points he shares. Perhaps a solid quarter of results with muted commentary from Musk to boot will help to calm detractors for the short-term.

As for earnings results, analysts surveyed by FactSet are expecting sales of $4.10 billion and an adjusted loss of $2.77 a share.

Tesla Inc shares were trading at $319.28 per share on Friday morning, down $0.95 (-0.30%). Year-to-date, TSLA has gained 2.55%, versus a 5.73% rise in the benchmark S&P 500 index during the same period.

TSLA currently has a StockNews.com POWR Rating of C (Neutral), and is ranked #9 of 24 stocks in the Auto & Vehicle Manufacturers category.