Tesla is set to report first-quarter results on Wednesday, joining Meta, Microsoft and Apple in this week’s Magnificent 7 earnings parade. Analysts expect to see continued growth in energy storage deployments, which reached a record 1.9 gigawatt-hours in Q4, up 22% sequentially, even as vehicle delivery growth slowed to 8% year-over-year. Investors will be watching Tesla’s energy generation revenue, which rose by $260 million in Q4 to $1.1 billion, for evidence of diversification beyond its core automotive business. According to the latest 13F filings, Gibbs Wealth Management trimmed its Tesla stake by 27.9%, selling 2,501 shares to hold 6,465 shares valued at $2.875 million at quarter-end. Other institutional moves include new positions by Chapman Financial Group and Manning & Napier Advisors, each initiating small stakes worth around $30,000. Insider activity highlights CFO Vaibhav Taneja’s sale of 2,637 shares in December and Director James Murdoch’s sale of 60,000 shares in early January, reflecting a cumulative insider disposal of nearly 120,000 shares over 90 days. Despite these sales, insiders still control close to 20% of outstanding shares. The recent EU-India trade agreement cuts tariffs on imported cars from 110% to 40%, with steps to reduce further to 10% over five years. While the initial pact excludes electric vehicles, Tesla stands to benefit long term by shipping models from its Berlin Gigafactory into the world’s third-largest auto market. With current imports coming from Shanghai at a 110% levy, a drop to 40% could lower landed costs by more than $12,000 per vehicle. Over time, as EV tariffs are phased in, Tesla could gain a strategic foothold ahead of domestic rivals. Elon Musk’s long-promised full self-driving (FSD) capability remains a focal point for investors. Tesla reiterated plans to expand its FSD beta program to an additional 20 metropolitan areas by mid-year, following the software’s current limited deployment in Austin and San Francisco. Regulatory filings show R&D spending rose 18% in Q4 to $1.3 billion, underscoring mounting investment in autonomous driving. Market participants will be looking for concrete user-miles data and safety metrics to gauge how soon FSD can contribute meaningfully to recurring software subscription revenues.