Tesla earnings: Investors are still bullish amid weak EV demand.

Company Performance & Expectations - Tesla's stock has tanked 19% year to date, and the street is focused on how Elon Musk's positions and weak EV demand will shape the business into 2026 [1] - An expected $23 move is anticipated going into the earnings announcement [4] Market Trends & Competition - The US market is slipping, and there's a lot of competition with cheaper EV models [2] - Consumer purchasing behavior has shifted, favoring hybrids over pure EV plays [2] - Infrastructure is still lacking [2] Strategic Focus - The industry is questioning what Elon Musk plans to do to reinvigorate sales, as it is core to the business [3] - Tesla is seen as an idiosyncratic member of the Mag 7, with AI links and big tech aspirations, but primarily sells cars [3] Investor Sentiment - Customers are mostly still bullish [4]