Tesla is set to report fourth-quarter earnings after the bell Wednesday, with analysts mostly optimistic the electric vehicle maker could benefit from CEO Elon Musk's ties to President Donald Trump.

With Tesla set to release its latest quarterly earnings report, Wall Street thinks the stock can keep rising on a "golden age" for automation and AI.

For the quarter that ended on Dec. 31, Tesla reported adjusted earnings per share of 73 cents, up from 71 cents per share in the same quarter of the previous year, on revenue of $25.71 billion, up 2% year-over-year. Both figures fell short of the 76 cents per share and revenue of $27.23 billion expected by analysts.

Tesla reported lower than expected profits Wednesday but confirmed key 2025 benchmarks, saying it will return to sales volume growth and move forward with fully autonomous driving.

Tesla's earnings call is today at 5:30 pm ET. TSLA stock heads into the report down 1.4% YTD. Analysts are focused on self-driving and robotaxis.

Elon Musk said Tesla will begin launching unsupervised self-driving models in Austin, Texas by June and several other U.S. cities by the end of 2025.

The EV giant missed Q4 earnings and sales views late Wednesday. But Tesla stock rose as robotaxi hopes. Elon Musk is on the earnings call.