Published on 17 Jan 2022 on Zacks via Yahoo Finance

Tesla (TSLA) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, Tesla (TSLA) closed at $1,049.61, marking a +1.75% move from the previous day. This move outpaced the S&P 500's daily gain of 0.08%. At the same time, the Dow lost 0.56%, and the tech-heavy Nasdaq lost 4.81%.

Coming into today, shares of the electric car maker had gained 12.55% in the past month. In that same time, the Auto-Tires-Trucks sector gained 7.23%, while the S&P 500 gained 0.64%.

Wall Street will be looking for positivity from Tesla as it approaches its next earnings report date. This is expected to be January 26, 2022. In that report, analysts expect Tesla to post earnings of $2.02 per share. This would mark year-over-year growth of 152.5%. Our most recent consensus estimate is calling for quarterly revenue of $15.93 billion, up 48.25% from the year-ago period.