US stocks surged | Tesla (TSLA.US) rose more than 3%, market expects Q2 earnings per share to increase by nearly 30% year-on-year.
According to the Securities Times app, on Tuesday, Tesla (TSLA.US) rose more than 3%, closing at $382.70. On the news front, Tesla will release its second quarter 2026 financial report after the US stock market closes on Wednesday, July 22. Wall Street predicts revenue to reach $26.4 billion, a year-on-year increase of about 17%, earnings per share of $0.52, a year-on-year increase of nearly 30%, and the gross profit margin for the automotive business (excluding regulatory credits) to be slightly above 18%. Analyst Alexander Perry from Bank of America predicts that this earnings report will provide more details on the deployment of Robotaxi, especially the pace of fleet expansion and plans for new market expansion.
Latest

