Tesla Earnings On Deck, Stock (TSLA) Pushes Value Back Above $1Trillion Leading In

Tesla's stock (NASDAQ: TSLA) has been moving up in recent days, adding 6% on the week leading into earnings, and returning the company to a market cap above $1trillion.

The electric vehicle giant's stock currently sits flat in the pre-market, reflecting the market's cautious take leading into the print, with much set to depend on the tone of the outlook and guidance.

Looking to recent operational milestones, the highly anticipated launch of Tesla's Robotaxi service in Austin, Texas, on June 22nd is a big one. This foray into autonomous ride-hailing, utilizing a fleet of Model Y vehicles equipped with Full Self-Driving (FSD) software, initially sparked considerable excitement, driving an 8.92% surge in Tesla's stock price.

However, the initial rollout has been far from seamless. Reports of minor traffic incidents and driving errors have already triggered scrutiny from the National Highway Traffic Safety Administration (NHTSA), casting a shadow over the ambitious project.

The NHTSA's inquiry adds another layer of uncertainty, potentially leading to regulatory hurdles and delays that could dampen the initial enthusiasm.

Adding to the complexity is the stark reality of declining vehicle sales. Tesla reported a 13% year-over-year decrease in global vehicle deliveries for Q2 2025, delivering 384,122 vehicles.

While sales of the Model 3 and Model Y exceeded Wall Street forecasts at 373,728 units, contributing to a 5% rise in Tesla shares, this silver lining is overshadowed by the larger issue of consumer boycotts.

In an attempt to counteract these headwinds, Tesla introduced a more affordable version of its Model Y electric SUV (priced at $44,990 before the $7,500 federal tax credit) in the United States in May.

This strategic move acknowledges the need to appeal to a wider consumer base, particularly those who may have been priced out of the market previously

There may be no wider gulf in analyst opinions than those that surround Tesla. With a high price target of $500, and a low of $115; the way the company is valued, and the multiples apply make the mind boggle.

Sentiment has always been a big driver of the stock, and with Elon Musk saying this week that he intends to be at the factory 7 days per week, analysts who had erred on his distractions may find the company more appealing in times to come. Then again, there could be some larger than life comments to take from the call that may dictate what happens from here more than the underlying deliveries and financials.