Multiple positive factors are resonating! Tesla, Inc. (TSLA.US) rebounds 15% to end eight weeks of decline. Earnings report coming next week.

Tesla, Inc. (TSLA.US) stock rose 3% on Friday, with a cumulative increase of 14.8% for the week, putting an end to the eight-week downward trend. It is worth noting that Tesla, Inc. will release its financial report on April 22nd, putting the bullish trend to the test. Multiple positive factors have contributed to Tesla, Inc.'s rebound this week. The easing of tensions in the Middle East has boosted market sentiment, and the overall strength of the US technology sector has also played a role. At the same time, Tesla, Inc. has been releasing positive signals in the field of self-developed AI chips. Tesla, Inc. CEO Elon Musk announced on Wednesday that the company's AI chip design team has successfully completed the flow of the AI5 chip. This marks an important milestone in moving the chip towards the manufacturing phase. The chip will be used in future electric vehicles, large-scale training clusters, and Optimus Siasun Robot & Automation. In addition to the news of the AI5 chip, Tesla, Inc. has also proposed an ambitious plan to manufacture chips in its planned Terafab factory. Analysts and industry experts believe that the plan to build a wafer fab of its own is extremely challenging and may face significant engineering difficulties. Amid the significant rebound in stock prices driven by multiple positive factors, Tesla, Inc. will officially release its first quarter financial report after the market closes next Wednesday. Analysts expect Tesla, Inc. to have a first-quarter revenue of around $220.8 billion, a 9% year-on-year decrease; adjusted earnings per share of $0.35; and adjusted EBITDA is expected to decrease to $32.17 billion, a 14.4% year-on-year decline. Earlier this month, Tesla, Inc. announced first-quarter global deliveries of 358,023 vehicles, a 6.3% year-on-year increase, lower than the market's expected 364,645 vehicles. It is worth noting that the comparison data is limited as the first quarter of last year had a lower delivery base affected by the Model Y replacement. The market also expects Tesla, Inc. to update on the progress of its full self-driving (FSD) and autonomous taxi services, which could significantly boost market confidence. Morgan Stanley predicts that Tesla, Inc.'s FSD driving mileage is about to exceed 10 billion miles, which will be an important milestone for the company. Accumulated data from Beijing Vastdata Technology is also expected to drive more technological breakthroughs. Currently, Tesla, Inc.'s autonomous taxi business is still in its early stages, only operating in Austin, Texas, and the San Francisco Bay Area, with most vehicles equipped with safety personnel, leading to a slow pace of progress. The market expects the company to announce plans for more cities.