GET DAILY SIGNALSTesla (TSLA, $657.62) beats Q2 expectations
Tesla reported its second quarter earnings after the bell on Monday. The electric carmaker crushed analysts’ expectations for the quarter, even as CEO Elon Musk warned against global chip shortage.
The company’s adjusted earnings for the quarter surged +230% from the year-ago quarter to $1.45, compared to the 98 cents per share expected by analysts polled by Refinitiv.
Revenue grew +98% year-over-year to a record $11.96 billion in the quarter, also exceeding analysts’ estimate of $11.30 billion.
Tesla’s overall automotive revenue came in at $10.21 billion, of which about 3.5% came from sales of regulatory credits. That’s a lower figure for credits than in any of the previous four quarters. Automotive gross margins were 28.4%, higher than in any of the last four quarters.
"Supply chain challenges, in particular global semiconductor shortages and port congestion, continued to be present in Q2," Tesla said.
"With global vehicle demand at record levels, component supply will have a strong influence on the rate of our delivery growth for the rest of this year," the company added. "We successfully launched Tesla Vision in Q2, which was mainly possible due to our ability to use data from over a million Tesla vehicles to source a large, diverse and accurate dataset. We continue to work hard to drive down costs and increase our rate of production to make electric vehicles accessible to as many people as possible. "
TSLA in -3.69% downward trend, falling for three consecutive days on October 23, 2026
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where TSLA declined for three days, in 234 of 299 cases, the price declined further within the following month. The odds of a continued downward trend are 78%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 50 of 64 cases where TSLA's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 78%.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 26, 2026. You may want to consider a long position or call options on TSLA as a result. In 63 of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 73%.
The Moving Average Convergence Divergence (MACD) for TSLA just turned positive on October 26, 2026. Looking at past instances where TSLA's MACD turned positive, the stock continued to rise in 33 of 46 cases over the following month. The odds of a continued upward trend are 72%.
TSLA moved above its 50-day moving average on October 19, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +5.00% 3-day Advance, the price is estimated to grow further. Considering data from situations where TSLA advanced for three days, in 257 of 325 cases, the price rose further within the following month. The odds of a continued upward trend are 79%.
The Aroon Indicator entered an Uptrend today. In 156 of 234 cases where TSLA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 67%.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is 31 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is 49 (best 1 - 100 worst), indicating steady price growth. TSLA’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Profit vs. Risk Rating rating for this company is 70 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. TSLA’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 93, placing this stock better than average.
The Tickeron SMR rating for this company is 84 (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 100 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: TSLA's P/B Ratio (17.807) is very high in comparison to the industry average of (1.893). TSLA's P/E Ratio (331.881) is considerably higher than the industry average of (14.173). Projected Growth (PEG Ratio) (4.273) is also within normal values, averaging (2.450). Dividend Yield (0.000) settles around the average of (0.160) among similar stocks. TSLA's P/S Ratio (12.225) is slightly higher than the industry average of (2.648).
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General Information
a manufacturer of electric sports cars
Industry MotorVehicles
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