Tesla will report Q1 earnings after the market close today. At this point expectations can't be very high as the last couple months has just been a slew of bad news (with some good mixed in).
My point is I think they've done a good job of getting all the "negative news" out leading up to the announcement.
In addition there have been some price target cuts and stock rating drops by industry analyst as well.
Is it all baked in?
As you can see looking at the chart, Tesla stock is down about 100 points since the start of 2024, roughly a 40% drop.
So again, I wonder if all of the news is baked into the price already. Price cuts, layoffs, recalls and so on. The stock has gotten hit from them already.
It will be interesting to see how the stock trades tomorrow after the numbers and outlook come out.