Tesla will report first-quarter earnings Tuesday after market close, with investors expecting a major stock move following the release, according to Investopedia. Options pricing predicts a more than 9% stock swing in either direction. Tesla is one of the S&P 500’s most volatile stocks around earnings and has averaged a nearly 12% move post-report over the past year. Investor uncertainty has grown amid Trump’s shifting tariff policies and declining Tesla sales, fueled by backlash to Elon Musk’s support for far-right figures and ties to the Trump administration. Analysts warn that foreign access to Tesla’s markets could become a political bargaining chip. Tesla’s stock doubled after Trump’s re-election and has since fallen 50%.
