Tesla TSLA is set to report earnings after the bell and the market is looking for a move of the stock on earnings of 13.7%, more than the average move of 11.57%. Tesla is expected to report a second quarter loss of $0.195 per share vs. a loss of $1.00 per share a year ago. Revenue is expected to be $387.9 million vs. $26.653 million a year ago.
Tesla shares rallied 24.4% in May following its first quarter report. Tesla reported an adjusted profit of $0.12 per share vs. the estimate of $0.037 on revenue of $561.792 million vs. $496.6 million expected.
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