Will Tesla Stock Rise or Fall After Earnings? Either Way, Brace for a Big Move. (2024)

Tesla shares could snap their losing streak or extend it today. Either way, earnings will be the determining factor in what the stock does on Wednesday.

Investors should brace for volatility.

Options markets imply the stock will move roughly 10%, up or down, after the company releases its earnings report after the market closes today.

Shares have moved an average of about 10% following the past four quarterly reports. The stock has dropped each time.

The last time Tesla stock rose after an earnings report was after the fourth quarter of 2022. Shares gained 11% after Tesla reported earnings per share of $1.19 when Wall Street was looking for $1.12 a share.

Will Tesla Stock Rise or Fall After Earnings? Either Way, Brace for a Big Move. (2024)
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