Tesla Q1 Test Drive: Will Earnings Steer The Stock Out Of The Ditch?
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Tesla Inc. is set to report its Q1 earnings on Tuesday, with expectations of 41 cents per share and $21.35 billion in revenue. Despite a 69.93% increase over the past year, the stock has fallen 36.36% year-to-date. Analysts maintain a 'Buy' rating with a price target of $298.14, but current trends show a bearish outlook, with the stock trading below key moving averages. The MACD indicates potential further downside, while the RSI suggests it may be oversold, setting the stage for a possible bounce if earnings exceed expectations.
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