Tesla will report second-quarter earnings after the bell on Tuesday. The corporate’s car deliveries report on July 2 was higher than analysts feared, however nonetheless represented a decline from the earlier 12 months.

The earnings name on Tuesday will give traders a greater understanding of what CEO Elon Musk and firm are doing to return to progress after reporting the largest income decline since 2012 in the course of the first quarter.

Some institutional traders will concentrate on the well being of Tesla’s automotive gross margins and the corporate’s working bills after it applied sweeping layoffs and provided worth cuts and different incentives to drive EV gross sales.

Retail traders who submitted questions by way of the Say Applied sciences platform forward of time are hoping for solutions in regards to the firm’s delayed plan to unveil its CyberCab, a “devoted robotaxi” and its progress on self-driving know-how basically.

In accordance with LSEG, as of Monday, analysts have been anticipating Tesla to report 62 cents per share in adjusted earnings on income of $24.77 billion for the interval ending June 30, 2024.

Retail traders who submitted questions by way of the Say Applied sciences platform forward of time are hoping for solutions in regards to the firm’s delayed plan to unveil its CyberCab, a “devoted robotaxi” and its progress on self-driving know-how. They’re additionally looking for particulars about Tesla’s near-term priorities; the outlook for its quickly rising battery power storage enterprise; the standing of a brand new manufacturing unit it promised to construct in Monterrey, Mexico; and extra.

In gentle of Musk’s latest endorsement of former President Donald Trump, and the CEO changing into a Republican megadonor this presidential election cycle, Tesla shareholders additionally submitted political questions forward of the decision.

One requested, “do you imagine a Trump / Vance admin will help Tesla and EVs? How assured are you primarily based in your conversations?” And one other requested, “How can Elon Musk endorse/fund a celebration that denies local weather change, but on the similar time Tesla’s mission assertion is derived on to struggle local weather change?”

Former president Trump has indicated that he would eliminate subsidies and different federal packages that assist patrons of, and producers of, totally electrical autos particularly however not different automakers.

Reuters reported final week that Musk’s political and polarizing statements have “sparked considerations about Tesla’s model, particularly in liberal states comparable to California, which accounts for 10% of the corporate’s world deliveries.” California Tesla registrations fell to 52,211 autos in the course of the second quarter, in accordance with knowledge from the California New Automobile Sellers Affiliation.

Traders additionally submitted questions by way of Say Applied sciences about Tesla’s progress creating humanoid robotics that the corporate goals to place to work in its factories.

Musk claimed, throughout an annual shareholder assembly in June, that Tesla’s Optimus robots would be the catalyst for lifting the corporate’s market cap to an astronomical $25 trillion sometime. Musk additionally referred to as himself “pathologically optimistic” at that assembly.

Early Monday, Musk mentioned in a social media publish on X, Tesla’s Optimus humanoid robots will probably be “genuinely helpful” and in “low manufacturing” for inside use at Tesla subsequent 12 months. He added they may very well be “hopefully,” in a better quantity manufacturing and obtainable to be used by “different corporations in 2026.”

In April, Musk had instructed Tesla shareholders on a first-quarter earnings name Optimus can be in “restricted manufacturing within the pure manufacturing unit itself, doing helpful duties earlier than the tip of this 12 months,” and Tesla “might be able to promote it externally by the tip of subsequent 12 months.”

Tesla is a latecomer amongst tech corporations creating humanoid robots. Its Optimus opponents embody Boston Dynamics, Agility Robotics, Unitree and others. Robotics corporations comparable to Sanctuary, Apptronik, 1X, Fourier are additionally engaged on dexterous manipulation {hardware}, mimicking human palms.

Musk has an extended historical past of promising traders that futuristic Tesla services or products will probably be prepared quickly, even when they don’t exist past a design idea.

For instance, the billionaire CEO promoted a next-generation Roadster idea at an occasion in November 2017 and once more in June 2018 in a sequence of tweets. He mentioned at the moment, “SpaceX choice package deal for brand spanking new Tesla Roadster will embody ~10 small rocket thrusters organized seamlessly round automobile.” The engines would enhance pace and “even permit a Tesla to fly,” he wrote on the time. The refreshed Roadster continues to be not in manufacturing six years later, although Tesla has taken $250,000 deposits from clients who needed one.

In one other instance, in 2015, Musk instructed shareholders that Tesla vehicles would obtain “full autonomy” inside three years. In 2016, Musk mentioned a Tesla automobile would be capable of make a cross-country drive with out requiring any human intervention earlier than the tip of 2017. And in 2019, on a name with institutional traders that may assist him elevate greater than $2 billion, Musk mentioned Tesla would have 1 million robotaxi-ready autos on the street in 2020, capable of full 100 hours of driving work per week every, getting cash for his or her house owners.

None of these issues have occurred but.

Tesla has not too long ago made large adjustments to its driver help software program, marketed within the U.S. as Autopilot and FSD-S (Full Self Driving Supervised) garnering pleasure and favorable opinions amongst many followers and house owners.

Musk and different execs are anticipated to debate their remaining challenges to ship on these longstanding self-driving guarantees on Tuesday’s name.