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Tesla Stock Rises as Market Looks Ahead to Earnings With Optimism

1. Tesla stock rose 1.3% to $434.66; S&P 500 also increased. 2. Analysts project Q3 EPS of 55 cents, down from 72 cents in 2024. 3. Higher vehicle deliveries may offset sales pressure from lost EV tax credits. 4. New lower-priced Model 3 and Y trims could attract buyers despite pricing changes. 5. Analysts still rate TSLA stock as a Buy with varied price targets.

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FAQ

Why Neutral?

Current trading shows resilience, but earnings expectations might underwhelm investors. Historical EPS beats often lead to spikes, yet lower projections create caution.

How important is it?

Earnings reports significantly influence TSLA’s price. Despite recent uptrends, the mixed outlook on EPS could create volatility.

Why Short Term?

Upcoming earnings report is imminent and traders react quickly to such news. Market sentiment may shift based on immediate earnings results.

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