Shares of Tesla moved lower in early trading Thursday, even as oil prices climbed following Iran’s rejection of US conditions to end the ongoing conflict. The stock was down about 1.5% at $379.79, underperforming slightly as broader markets also weakened.

Tesla will report earnings after the 4 p.m. ET closing bell on Wednesday. Investors head toward the 5:30 p.m. ET call with TSLA stock down 14% in 2026.

Tesla beat earnings estimates again. It’s stock is down again.

Shares of Tesla Inc (NASDAQ: TSLA) were trading down more than 2% in Thursday's premarket session following the company's latest earnings report, released on Wednesday night. Though not the immediate market reaction investors hoped for,

Although it's been falling in value this year, Tesla's stock is by no means a cheap buy; its price-to-earnings multiple is nearly 370, which means you really have to love the business and believe in CEO Elon Musk and that this will be a massive AI company in the future, for the stock to be a good buy at its current price.

The Tesla Cybertruck’s sharp-edged stainless-steel body and steer-by-wire system make it one of the most unconventional electric pickups you can buy. Park it next to a Rivian R1T or a Ford F-150 Lightning,