Here's Why Tesla Stock Is a Buy Before the End of July

Tesla (NASDAQ: TSLA) is expected to release its second-quarter earnings in late July, making the stock worth considering for investors who can tolerate some potential volatility. The recent robotaxi launch has altered the narrative surrounding the stock, and Tesla may reveal another event that could prove a positive catalyst for the company and the stock. Here's the lowdown.Elon Musk's company typically releases its production and delivery data for the quarter shortly after the quarter has ended, but before the quarter's earnings are reported. That matters because, unlike most other automakers, Tesla's deliveries are its sales volumes in the quarter. Unlike legacy automakers that sell through dealers, Tesla sells directly to consumers, either online or through its stores.As such, investors will already be aware of Tesla's sales and production volumes before the earnings release. It's challenging to predict the numbers, and you may be reading them by the time this article is published. There are numerous moving parts here, not least of which is the refresh of the Model Y (the world's best-selling car) , as well as the timing of its availability in various markets.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool