Lates News

Tesla (TSLA.O) will announce its Q2 performance after the market closes on Wednesday. Investors are more focused on the signals Musk will convey during the earnings conference call, especially the latest developments in Robotaxi, humanoid robot Optimus, and the artificial intelligence strategy, rather than just revenue and profit data. Morgan Stanley analyst Andrew Percoco believes that Robotaxi and Optimus will continue to be the main factors driving the stock price performance and expects positive updates on these two businesses in this earnings report, but it may not be enough to cause a decisive change in the market's valuation of the company. As Tesla continues to increase its investments in data centers, AI infrastructure, and robotics manufacturing capabilities, capital expenditures for this year are expected to reach $25 billion. According to LSEG data, Tesla's Q2 free cash flow is expected to show a net outflow of $3.3 billion, marking the first quarterly outflow of cash flow in over two years. Morgan Stanley points out that investors are increasingly focused on whether Tesla's large-scale investments truly enhance its competitive advantage in the field of physical AI, and when these investments can turn into profits.