Here's How Much Traders Expect Tesla Stock To Move After Earnings This Week

Core Insights - Tesla is set to report its third-quarter earnings, with expectations that the stock may reach its highest level since last December, driven by traders anticipating a potential 7% price movement in either direction following the report [2][6]. Group 1: Earnings Expectations - Options pricing indicates that Tesla's stock could fluctuate approximately 7% after the earnings report, potentially reaching around $470 or dropping to about $409 [2][6]. - Historically, Tesla shares have shown volatility post-earnings, averaging a 9.6% movement the day after the last four earnings reports [2]. Group 2: Market Sentiment - Investor sentiment is mixed, with some analysts believing Tesla's stock is currently overvalued, while others maintain a bullish outlook [6][7]. - The average price target among analysts is approximately $363, which is about 17% lower than the stock's closing price prior to the earnings report [7]. Group 3: Key Focus Areas - Investors are particularly interested in updates regarding Tesla's new low-cost models, the rollout of robotaxi services, and advancements in the Optimus humanoid robot [6][7]. - The impact of the recent expiration of electric vehicle tax credits on future sales is also a significant point of interest for investors [4][7].