Tesla Earnings Preview: Robotaxis, AI hopes & Competition

• Tesla Inc. shares ↑ nearly 10% YTD
• Expected to report Q2 earnings on Wednesday 22^nd after close.
• Robotaxi, profits & forward guidance in focus
• Forecasted to move 6.2% up/down post-earnings
• Technical levels for Tesla - $405 & $460

Tesla shares have increased by almost 10% since the start of 2025.

The EV maker has rebounded over 100% from its 2025 low, boosted by its new MegaBlocks battery energy storage systems. However, the company has faced a decline in deliveries especially in China and Europe, amid growing competition.

In addition, the sharp drop in regulatory-credit revenue that in the past boosted Tesla’s profitability continues to weigh on EV maker’s business outlook.

The key question is whether Tesla will publish strong quarterly results after posting record deliveries in Q3.

Its Q3 earnings could cap upside gains or provide another boost to shares.

When will earnings be published?

• Tesla will report third-quarter earnings on Wednesday 22^nd October after US markets close.

Market expectations

• The EV maker is expected to post earnings of $0.75 per share with Q3 revenues seen falling to $24.4 billion– marking a 2% decline year-on-year.

What to watch out for

• EV credits: With EV tax credits ending back in September, this could increase the coast of ownership for EV owners – ultimately impacting demand and Tesla’s profit.

• Robotaxis: Any progress on robotaxis and full self-driving.  

• Profitability: With broader industry demand showing signs of flattening, investors will be seeing how Tesla can boost its core car business with new ideas – for example the lower-cost vehicle strategy.

What does this mean for FXTM’s NAS100

• FXTM’s NAS100 index tracks the underlying Nasdaq 100 index.  

• And Tesla makes up roughly 4.5% of the index weight, meaning that the upcoming earnings could result in some volatility.

• The index is up nearly 20% this year.

• Key levels of interest can be found at 25,200 and 24,000.

How will Tesla shares react?

• Markets are forecasting a 6.2% move, either up or down, for Tesla stocks on post-earnings.

Technical picture

• Tesla shares remain in a range on the daily charts with support $405 and resistance at $460.

Over the next 12 months….

Wall Street analysts are turning bearish on this stock.

• 29 “Buy” calls
• 17 “Hold”
• 17 “Sells”