Investors optimistic about Tesla earnings report.
Tesla has been a favorite of Wall Street investors, as the electric car company has seen its stock value soar. However, with Tesla set to report earnings on Wednesday, some investors may be playing with fire. Analysts are mixed on whether to buy or sell Tesla stock ahead of the earnings report.
Yahoo Finance reported that one analyst believes investors should buy the stock before the report, citing the potential for a big upside. The Wall Street Journal also noted that Tesla has been a popular stock for investors, as the company has seen its stock price increase significantly in the past year.
CNBC reported that Santa Clara University’s Jo-Ellen Pozner believes that Tesla’s long-term profitability remains solid. She believes that investors should focus on the company’s fundamentals rather than short-term stock movements. Benzinga also reported that retail investors have a clear preference for Tesla over other companies, with many investors viewing the company as a safe bet amid the market meltdown.
With Tesla set to report earnings on Wednesday, investors will be watching closely to see if the company can continue to deliver strong results. While some analysts are bullish on the stock, others are cautious, citing the potential for a big downside. Investors should consider both sides of the argument before making any decisions.