On Tuesday, Tesla will release its second-quarter earnings and investors are seeking an update on the robotaxi.

• Tesla is set to report second-quarter earnings after the bell on Tuesday.
• Since 2012, the EV maker has reported its largest revenue decline during the first quarter, despite better-than-expected deliveries in the second quarter, which were still lower than the same period last year.
• Tesla's upcoming robotaxi, humanoid robots, and CEO Elon Musk's evolving priorities are the focus of interest for investors seeking updates.

The company's vehicle deliveries report on July 2 was better than analysts feared, but still represented a decline from the previous year. The company will report second-quarter earnings after the bell on Tuesday.

On Tuesday, the earnings call will provide investors with more insight into how CEO Elon Musk and the company plan to recover from the significant revenue decline experienced in the first quarter, which was the largest decline since 2012.

After implementing sweeping layoffs and offering price cuts and other incentives to drive EV sales, some institutional investors will closely monitor Tesla's automotive gross margins and operating expenses.

Say Technologies platform users who submitted questions in advance are eager to receive information about the company's delayed CyberCab unveiling and updates on their self-driving technology development.

As per LSEG, analysts predicted that Tesla would report 62 cents per share in adjusted earnings on revenue of $24.77 billion for the fiscal year ending June 30, 2024.

Retail investors are eager to learn about Say Technologies' delayed plan for its CyberCab, as well as updates on its self-driving technology progress. They also want to know more about Tesla's near-term priorities, the outlook for its battery energy storage business, the status of its promised factory in Monterrey, Mexico, and other topics.

Tesla shareholders submitted political questions during a recent call, following Elon Musk's endorsement of former President Donald Trump and his status as a Republican megadonor this election cycle.

What is your level of confidence that a Trump/Vance administration will support Tesla and EVs, given your conversations? And how can Elon Musk endorse/fund a party that denies climate change while Tesla's mission is to combat it?

Trump has stated that he plans to eliminate federal programs and subsidies that aid buyers and manufacturers of fully electric vehicles, but not other automakers.

Last week, Reuters reported that concerns about Tesla's brand have arisen due to Elon Musk's political and polarizing statements, particularly in liberal states such as California, which accounts for 10% of the company's global deliveries. In the second quarter, Tesla registrations in California fell to 52,211 vehicles, according to data from the California New Car Dealers Association.

Tesla's humanoid robotics development progress was inquired about by investors through Say Technologies.

During a June annual shareholder meeting, Musk stated that Optimus robots would propel Tesla's market cap to an astronomical $25 trillion in the future. Additionally, Musk characterized himself as "pathologically optimistic" at the meeting.

Humanoid robots

Next year, Tesla's Optimus humanoid robots will be "genuinely useful" and in "low production" for internal use at Tesla. Musk stated that they could be "hopefully" in a higher volume production and available for use by "other companies in 2026."

By the end of this year, Tesla may be able to sell Optimus externally, as Musk had stated in an April first-quarter earnings call that it would be in "limited production in the natural factory itself, doing useful tasks."

Tesla is a late entrant in the field of tech companies developing humanoid robots. Its Optimus competitors include Boston Dynamics, Agility Robotics, Unitree, and others. Additionally, robotics companies such as Sanctuary, Apptronik, 1X, and Fourier are also working on dexterous manipulation hardware that mimics human hands.

Tesla has a history of making promises to investors about futuristic products or services, even if they are only conceptual designs.

In November 2017 and June 2018, the billionaire CEO promoted a next-generation Roadster concept at an event. He said that the SpaceX option package for the new Tesla Roadster would include 10 small rocket thrusters arranged seamlessly around the car. The engines would improve speed and even allow a Tesla to fly, he wrote at the time. Despite taking $250,000 deposits from customers who wanted one, the refreshed Roadster is still not in production six years later.

In 2015, Musk stated that Tesla cars would achieve full autonomy within three years. In 2016, he said a Tesla car would be able to make a cross-country drive without human intervention before the end of 2017. In 2019, on a call with institutional investors, Musk said Tesla would have 1 million robotaxi-ready vehicles on the road in 2020, capable of completing 100 hours of driving work per week each, earning money for their owners.

None of those things have happened yet.

Tesla's recent updates to its driver assistance software, including Autopilot and FSD-S, have generated enthusiasm and positive feedback from numerous fans and owners in the U.S.

On Tuesday's call, Musk and other executives will discuss the challenges they face in fulfilling their longstanding promises about self-driving cars.