
What's Ahead This Week: Tesla Stock Needs a Charge From Earnings
More earnings this week from big companies, ranging from food to tech.
Let's not forget oil, starting off the week with Anadarko Petroleum (APC) - Get Report . Also reporting are Sysco (SYY) - Get Report , CVS Health (CVS) - Get Report , Sprint (S) - Get Report and Etsy (ETSY) - Get Report on Tuesday.
Midweek, this Anheuser-Busch InBev (BUD) - Get Report is for you, along with Kraft Heinz (KHC) - Get Report and Tesla Motors (TSLA) - Get Report .
Thursday is another busy day with Alibaba (BABA) - Get Report , Occidental Petroleum (OXY) - Get Report and Chesapeake Energy (CHK) - Get Report . The week ends with Cigna (CI) - Get Report .
One of the reports investors will be closely watching is Tesla. Wall Street expects the electric car maker to post a loss of 57 cents a share on revenue of over $1.5 billion during the recent quarter. The bottom line will likely fall while the top line is projected to grow year over year. In the past few months, the company has been having issues with its Model X production, its electric SUV car.
Nonetheless, analysts believe it is on track to surpass the launch curve of its Model S counterpart in the second half of 2016. Even though there are concerns about Tesla's cash flow and margins, analysts believe the company could continue to benefit from the booming electric vehicle industry.
On the economic calendar this week are the ISM manufacturing index, international trade data and jobless claims on Thursday. Lastly, the week ends with the all-important monthly employment report for April.









