Tesla Q2 earnings due; AI spending to hit $25B

Tesla is expected to report Q2 earnings, with its stock down 15% this year.

Tesla's spending on AI infrastructure is projected to reach $25 billion in 2024.

The AI infrastructure spending will surpass the quarterly cash generated by Tesla's core automotive and energy operations.

Investors are watching whether Elon Musk's AI vision can drive TSLA stock direction.