Investors await Tesla's earnings report
- Alexangel Ventura
- Apr 22
- 1 min read
On Tuesday, investors eagerly await for the release of Tesla's major earnings report later in the day.
Tesla's previous two earnings report were both underwhelming, with both showing that the company is losing ground to rival EV companies in the same industry. Its income has repeatedly fell, and its balance in December fell by billions.
This earnings report will be the first of the Mag. 7 deeply entrenched into the 2nd Trump term. The initial reports in February were too early for investors to use to find trends in the Trump economy.
However, the results of this earnings report will have a very important impact on the stock market for the next few weeks. Its precedent could have a chain reaction with other negative earnings reports and bear markets.
The earnings report is expected to be released on 4/22 at 5:30 PM EST.
