Tesla will announce its second-quarter earnings Wednesday after the bell. Investors will be listening out for more details on the much-delayed Cybertruck, as well as how Tesla’s many price cuts have affected automotive gross margins.Â
Wall Street estimates predict Tesla will bring in around $24.9 billion in revenue for the quarter, which is nearly 50% higher than year-ago sales of $16.9 billion.Â
Tesla’s stock has shot up 168.62% since the start of the year. It closed at $290.38 Monday afternoon, riding the high of the news that the first Cybertruck was finally built over the weekend.Â
There’s much we still don’t know about the Cybertruck
Over the weekend, Tesla tweeted that it had finally gotten its first Cybertruck off the production line at Giga Austin, news that caused equal parts fanfare and skepticism.Â
The skepticism is because Tesla shared no other details about the truck or its production schedule. The futuristic, angular, stainless-steel-bodied pickup truck was fir …
