What's happening
- Tesla reports Q1 earnings tomorrow April 22 with consensus at $0.36 EPS on $22.26B revenue, following a +11.37% week as the stock runs into the print.
- The call is expected to center on FSD metrics and robotaxi geographic expansion rather than delivery numbers, shifting the valuation debate toward AI optionality.
- San Francisco robotaxi fares have risen 41% since December while still undercutting Waymo and Uber, indicating live pricing power in the earliest commercial deployment.
- Insiders filed 17 sells against 2 buys over the past 30 days for net selling of 25,809 shares, including transactions by Zhu Xiaotong and Kathleen Wilson-Thompson.
- Delaware Chancery enforced Tesla's Texas forum selection bylaw, dismissing three derivative suits and consolidating shareholder litigation into a more defendant-friendly jurisdiction.