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Benzinga
33 days

Earnings Speculation Drives Intrigue For Direxion's TSLA-Focused Bull And Bear Funds

1. Tesla's Q2 results are critical, with EPS expected at 42 cents. 2. Competition increases with Uber and Waymo while Tesla launches Robotaxi. 3. Energy division growth from Shanghai storage deal; investment of $550 million. 4. Past disappointing results didn't hinder TSLA stock's resilience. 5. Cybertruck sales are stalling, amid competition from BYD.

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FAQ

Why Bearish?

Analysts expect lower EPS and revenue compared to last year. Competition from BYD and high costs may suppress stock performance.

How important is it?

The article discusses Tesla's upcoming earnings report, which significantly impacts stock movement. Context about competition and new product launches is also relevant.

Why Short Term?

Earnings results next week may trigger immediate price volatility. Competition and market sentiment can influence short-term performance.

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