Wall Street looks bearish on Tesla at first glance. And it is -- at least on average. But plenty of analysts and everyday investors remain extremely bullish.

Wall Street is hanging near its records on Thursday, but the calm surface of the U.S. stock market is hiding some roiling moves underneath. Alphabet is rallying, and Tesla is sinking sharply following a jumble of profit reports from big U.

Tesla investors are always thinking about the future and CEO Elon Musk. Quarterly numbers still matter, and beating Wall Street expectations is always a good thing. Tesla will report second-quarter earnings after Wednesday’s market close.