Tesla Shares Need New ‘Razzle-Dazzle’ as EVs Slow, AI Hype Cools
Wall Street expects the Tesla Inc. to post a 30% jump in first-quarter adjusted profits from a year ago.
Photographer: David Paul Morris/BloombergWall Street analysts expect Tesla Inc. to deliver a big jump in earnings when it reports Wednesday, something investors would have clamored for in the past.
The trouble is the actual numbers are likely to get overlooked as Wall Street seeks evidence that Elon Musk’s artificial intelligence and robotics ventures justify the stock’s sky-high valuation.