Is Tesla Stock a Buy Ahead of Its Earnings Report Next Month?

Tesla (NASDAQ: TSLA) reports results next month, and investors will be watching for evidence that the business is stabilizing after a significant pullback in vehicle sales trends. The electric vehicle (EV) maker sells premium cars, a growing suite of energy-storage products, and paid software for its vehicles, e.g., Tesla's Full Self-Driving (Supervised) software. The mix of hardware and software, combined with ongoing innovation, makes the story unusually dynamic -- and it's why quarterly updates carry extra weight.Shares have rebounded from their lows this year, making the bull case now depend less on near-term delivery growth and more on whether Tesla can expand margins through software and energy while investing in autonomy and robotics. After all, these are the things that will really move the needle for Tesla over the long haul. So, that is the frame for the upcoming report: Numbers matter, but the destination matters more.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool