Tesla (TSLA) stock drops significantly while market also declines, upcoming earnings report expected to be lower.

Tesla (TSLA) stock closed at $293.94, down 6.79% from the previous session, while the S&P 500, Dow, and Nasdaq also saw losses. In the past month, Tesla shares rose 6.85%, despite the Auto-Tires-Trucks sector declining by 2.1%. The company’s upcoming earnings report on July 23, 2025, is anticipated to show lower EPS and revenue compared to the previous year.

Analyst estimates for Tesla’s earnings and revenue project declines for the current year. Recent revisions to estimates can impact stock prices, with positive revisions reflecting optimism. The Zacks Rank system, currently rating Tesla as a #5 (Strong Sell), shows a history of outperforming stocks. Tesla’s valuation metrics, like Forward P/E ratio of 172.18 and PEG ratio of 6.89, suggest a premium compared to industry averages.

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Read more at Nasdaq: Tesla (TSLA) Sees a More Significant Dip Than Broader Market: Some Facts to Know