It will likely be make-or-break for Tesla (TSLA) come Wednesday after the bell, as the electrical automobile maker releases its second quarter earnings report.

The Avenue is anticipating Tesla to report

That income determine would characterize a 2.5% drop from a yr in the past, which isn’t that extreme contemplating the manufacturing points Tesla skilled throughout Q2 on account of COVID-related shutdowns at its Shanghai Gigafactory.

On the profitability finish, Tesla is predicted to report adjusted web revenue, working revenue, and EBITDA figures which are all down over 10% from a yr in the past.

On the constructive facet, traders will likely be extra centered on the trail forward for Tesla, taking a look at what CEO Elon Musk and execs should say about Q3 and the second half of 2022.

Questions that will likely be high of thoughts will focus on ramp ups on the Giga Texas and Giga Berlin crops, whether or not Giga China is again to full working capability, and whether or not Tesla will reaffirm its 2022 supply goal of 50% CAGR (compound annual development fee) yr over yr. Sustaining that fee would imply Tesla will supply round 1.four to 1.5 million autos in 2022.

In a be aware to shoppers yesterday, Deutsche Financial institution analyst Emmanuel Rosner wrote that he expects Tesla will keep its annual supply goal, which he says implies “appreciable quantity ramp within the second half.”

Rosner added Tesla to the agency’s short-term “Catalyst Name Purchase Record,” advising shoppers to build up shares following Tesla’s pullback this yr. As of this afternoon, Tesla inventory is down 31% yr so far, although it’s nonetheless up 10% over the previous yr.

So far as future fashions go, traders, analysts, and Tesla followers will likely be keen to listen to any updates on quantity manufacturing of the Cybertruck, which is slated for manufacturing subsequent yr and whether or not the “robotaxi” product Musk had talked about in final quarter’s earnings name was nonetheless on course for a 2024 launch. The robotaxi will supposedly be an autonomous product with no steering wheel or pedals.

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Pras Subramanian is a reporter for Yahoo Finance. You may observe him on Twitter and on Instagram.

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