Tesla (TSLA) stock jumped nearly 5% in after-hours trading on Tuesday, even as the company posted weak auto sales and a steep 71% profit drop

Elon Musk says he’ll dedicate more time to Tesla starting in May after the company reported a big drop in first-quarter profit.

U.S. stock index futures leapt on Wednesday after President Donald Trump pulled back on his threats to fire Federal Reserve Chair Jerome Powell and raised hopes for a trade deal with China. Shares of Tesla,

U.S. stocks climbed Wednesday, buoyed in part by President Donald Trump’s retreat on the prospect of firing Federal Reserve Chair Jerome Powell and the president’s indication that tariffs on China “will come down substantially but it won’t be zero.

Tesla's latest earnings were a mixed bag of good and bad news, Wall Street analysts said. A slew of major banks cut price targets after the results.

Several analysts have downwardly revised their future earnings estimates since January, which has lowered the consensus numbers for 2025 and 2026 by 22% and 16%, respectively. Wall Street now expects Tesla's earnings to increase at 18% annually through 2026. That makes the current valuation of 100 times earnings look very expensive.

Tesla reported first-quarter earnings that came in far below expectations Tuesday, signaling the real impact of CEO Elon Musk's political activities of late.

The EV company’s investors want reassurance on sales and future projects such as robotaxis and a cheaper vehicle as the stock drops 6% ahead of earnings.

Tesla stockholders should brace for the usual wild trading on Wednesday. Stock options are showing the potential for big moves after earnings. Options help traders predict how a stock will move following any event,