Should You Buy Tesla Stock Before July 23?

What stands out here is Tesla is scheduled to report second-quarter earnings after the market closes on July 23

After a brutal start to the year, s of Tesla (TSLA -0

With the company schedule to report second-quarter operating results on July 23, is now a good time to the momentum in Tesla stock and buy s before that report

What fueled the rebound in Tesla stock during Q2, amid market uncertainty

A month ago, I wrote an article in which I explained how Tesla's price movements are often highly correlated with a specific narrative surrounding the company

For example, earlier this year Tesla stock took a nosedive thanks in large part to two factors

First, it seemed ly that Tesla's supply chain operations would struggle ing President Donald Trump's sweeping new tariff policies, in today's market environment

In addition, co-founder and CEO Elon Musk's involvement with the initiative known as the Department of Government Efficiency (DOGE) seemed to both investors and Wall Street analysts a giant distraction from his duties as CEO of Tesla, as well as an anger-fueling endeavor

Unsurprisingly, investors became bearish and started to sell

However, ing Musk's departure from DOGE, the serial entrepreneur turned his attention back to Tesla's artificial intelligence (AI) ambitions -- namely, the launch of the company's autonomous vehicle fleet, dubbed the robotaxi (remarkable data)

Additionally, Seemingly overnight the narrative surrounding Tesla flipped from bearish skepticism to one of excitement and hype

Guess what happened, in today's market environment

Tesla stock started to climb (which is quite significant) (which is quite significant), in this volatile climate

However, The larger theme I'd to drive here is that Tesla's price volatility is notoriously difficult to navigate, largely because it can be un whether market moves are influenced by the company's underlying fundamentals (i. , operating results) or fueled by shifting narratives and changes in perception (quite telling)

However, Image source: Getty Images

Furthermore, What should investors be on the lookout for during the earnings call

The data indicates that re are a number of high-priority items that Tesla investors should be on the lookout for next week, in today's market environment

First, I think it would go a long way with investors if management spent some time talking in detail the uninspiring performance of Tesla's electric vehicle (EV) (remarkable data)

While an uncertain macroeconomic environment combined with rising competition both domestically and overseas from the s of Rivian and BYD serve as challenges to Tesla, these are pretty obvious headwinds

Additionally, Insights around how the company can outmaneuver these road bumps and reignite growth would be welcomed

Piggybacking off that idea, my hope is that management addresses how Trump's "big, beautiful bill" -- now signed into law -- could affect Tesla in both the near and long term, in light of current trends

With EV tax subsidies being phased out later this year, Tesla may witness a surge in demand for its cars over the next couple of quarters, in today's financial world

How can the company capitalize on that and try to turn it into a long-term growth opportunity

The data indicates that 's important that investors hear more the robotaxi launch from last month

On the other hand, While robotaxis remain a small contributor to Tesla's today, much of the future growth narrative surrounding the company hinges on this effort

Meanwhile, For this reason, holders need to understand the highlights and lowlights from the launch, what management has learned from consumer back so far, and how the company plans to increase its autonomous vehicle fleet based on these details

Lastly, and perhaps most importantly, investors should listen closely to Musk and how he answers questions from analysts

At times, Musk can go off script during earnings calls -- focusing on Tesla's ambitious jects and generating investor hype with speculative ary rather than viding concrete, given the current landscape

Additionally, Furthermore, With Musk potentially entering the political arena once again -- this time by creating his own political party -- it's up to investors to determine how focused the chief executive of Tesla is during the call next week

Nevertheless, Is Tesla stock a buy right now, before its report (this bears monitoring)

As an investor with a long time horizon, I'm not big on timing my buys and sells, given the current landscape

Rather, I add to or trim positions based on my conviction and to keep my portfolio balanced

From my perspective, the narrative surrounding Tesla is sharply divided, given current economic conditions

Additionally, There are many unknowns surrounding Tesla's actual right now, so I'd caution investors against ing the stock's momentum and trying to get in or out before a certain day

Furthermore, In contrast, Adam Spatacco has positions in Tesla

Additionally, The Motley Fool has positions in and recommends Tesla

The Motley Fool recommends BYD Company

Furthermore, The Motley Fool has a disclosure policy.