US Stock Market Move | Tesla, Inc. (TSLA.US) rises more than 3%, the market expects a year-on-year increase of nearly 30% in Q2 earnings per share.

On Tuesday, Tesla, Inc. (TSLA.US) rose more than 3% to $382.70. In terms of news, Tesla, Inc. is set to report its second quarter 2026 financial results after the US stock market on Wednesday, July 22. Wall Street expects revenue to reach $26.4 billion, a year-on-year increase of about 17%, earnings per share to be $0.52, a nearly 30% increase year-on-year, and the automotive business gross margin (excluding regulatory credits) to be slightly above 18%. Bank of America Corp analyst Alexander Perry stated that this financial report is expected to provide more details on the deployment of Robotaxi, especially concerning the pace of fleet expansion and new market expansion plans.