US Stocks Movement | Tesla rises over 1%, Q1 earnings report to be released after market close

Glonghui, April 22 — Tesla (TSLA.US) rose more than 1%, reaching a high of $391. On the news front, Tesla is set to release its Q1 2026 earnings report after the US market closes. Wall Street generally expects revenue to reach $22.27 billion, up about 15% from $19.34 billion in the same period last year, and earnings per share to hit $0.25, compared to $0.12 a year ago. An analyst team from an exchange led by Tesla super bull Dan Ives expects that AI progress and the continued rollout of autonomous taxis will be the focus of the earnings call. The firm has given Tesla an "outperform" rating with a target price of $600.