Tesla stock crept higher on Wednesday, off daily lows, with earnings due just after the 4 p.m. close. Shares were up 0.2% in late trading at $332.91, while the S&P 500 was up 0.7%. Most stocks were higher in the session after President Donald Trump announced a trade deal with Japan.

Tesla's stock is down 18% so far this year, and some analysts wonder if the company will lower its full-year forecast when it reports results after Wednesday's closing bell. Other key topics include management's commentary on vehicle demand and the robotaxi rollout.