The Tesla humanoid robot Optimus Gen-2 and new electric vehicles on display in a Tesla store in Shanghai, China.
CFOTO/Future Publishing via Getty Images
Earnings day is here for Tesla, and the stakes are high.
After a roller coaster ride for the stock in 2025, shares are now up 95% in six months, but even with such a massive gain, that only amounts to a rise of about 10% year-to-date.
Now, investors will get a sense of whether the rally that's taken hold in the latter half of the year can continue. They'll be laser-focused on updates on Tesla's robotaxi rollout, which many on Wall Street see as the justification for the EV maker's premium valuation.
There will also be questions about the outlook for vehicle sales after Tesla reported deliveries earlier this month that crushed estimates. However, with the federal EV tax credit now off the table, some have wondered if sales will wane in the coming quarters.
Tesla will publish its results shortly after the 4 p.m. ET closing bell, with the analyst call scheduled for 5:30.
Wedbush says listen for the AI updatesPeople in a Tesla store in Shanghai on October 19, 2025.
credit should read CFOTO/Future Publishing via Getty Images
The outlook for car sales is important, but AI is the bigger update that investors should be looking for from this report, Wedbush Securities' Dan Ives said this week.
"We continue to strongly believe the most important chapter in Tesla's growth story is now beginning with the AI era now here," Ives said. "It starts with autonomous then robotics as we believe the autonomous valuation is worth $1 trillion alone to the Tesla story over the next few years that will start to get unlocked over the coming months."
Wedbush has a $600 price target for Tesla stock, representing 37% upside from Wednesday's price.
Wall Street expects Tesla to report revenue of $26.3 billion, EPS of $.042
