April 23 Reuters Shares of Tesla edged higher on Tuesday ahead of the electric car maker39;s firstquarter results, with analysts expecting its lowest gross profit margin in more than six years.

The stock was up 0.7 at 143 in premarket trading ahead of the report, due after the close of trading.

CEO Elon Musk will likely face pointed questions from investors during the postresults conference call about the fate of the socalled Model 2, a lowcost vehicle he had promised in January would be available in 2025.

Reuters exclusively reported earlier this month that Tesla had scrapped plans for the model and shifted focus to building a selfdriving robotaxi on the same smallcar platform.

Musk initially posted on social media that Reuters is lying, but has yet to identify any inaccuracies or clarify the fate of the model. Investors had pinned hopes for sales growth on the Model 2.

The billionaire had also been expected to meet India39;s Prime Minister Narendra Modi on Monday and announce major investments in an auto factory which was expected to produce a small, affordable model. Musk postponed at the last minute, citing very heavy Tesla obligations.

Tesla39;s sales growth is slowing, which is expected to weigh heavily on Tuesday39;s results.

The automaker earlier this month reported an 8.5 decline in deliveries and rising inventories. Over the weekend, it announced the latest in a series of price cuts globally on the Model 3, Model Y and other models, further eating into…