TSLA: Can Strong Deliveries Translate Into Strong ProfitsTSLAUSDTPERP PERPETUAL MIX CONTRACTBITGET:TSLAUSDT.PBitgetTesla reports earnings after the market closes on 22nd July, and this could be one of the most important reports of the quarter. While Q2 vehicle deliveries surprised to the upside at around 480,000 vehicles, investors now want to know whether that volume actually translated into higher profits. Consensus expectations are for roughly US$26.4B in revenue and EPS of around US$0.54. Here are the 4 key metrics to watch: 1. Gross Margins Deliveries exceeded expectations, but the bigger question is profitability. 2. AI & Robotaxi Progress Tesla is increasingly being valued as an AI company rather than just an EV manufacturer. 3. Energy Business Tesla Energy has quietly become one of the company’s fastest-growing segments. 4. 2026 Outlook The most important question may not be what happened in Q2—but what management expects for the rest of the year. Tesla has always traded more on future expectations than current earnings. If earnings simply meet expectations but management delivers a confident outlook on AI, Robotaxi, and margins, investors could look past a mediocre quarter. However, if margins disappoint again and guidance turns cautious, the stock could see heightened volatility despite strong delivery numbers. From a technical perspective, keep a lookout on potential key level at 365 area where we have major confluences aligning for a potential bounce to the upside.