US stocks move: Tesla rises 3.7%, Q2 results to be released after the close tomorrow

Glonghui, July 21st｜Tesla (TSLA.US) rose 3.7% to $383.35. According to reports, Tesla will announce its Q2 2026 financial results after the US stock market closes on July 22nd (Wednesday) US time. With the release of delivery data and business updates, market expectations have been significantly revised upward recently: Wall Street currently expects revenue to reach $26.4 billion, an increase of about 17% year-on-year, and earnings per share to be $0.52, up nearly 30% year-on-year. The automotive business gross margin (excluding regulatory credits) is projected to be slightly above 18%. Bank of America analyst Alexander Perry said that this financial report is expected to provide more details about Robotaxi deployment, especially regarding the pace of fleet expansion and new market development plans.