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Tesla closed up 3.49% Monday, brushing off a NHTSA probe into 1.2 million vehicles to notch a third straight gain. The stock is clawing back ground after a brutal July that saw it shed over 27%.
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Elon Musk warned the US is “1000%” headed for bankruptcy and admitted he got “carried away” in politics. Tesla shares fell 2% on Friday as the CEO’s polarizing DOGE project faces scrutiny over a net loss that independent analysts estimate could top $165 billion.
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Tesla expands its robotaxi service to Orlando and Tampa as the market braces for a pivotal Q2 earnings report. The stock is up 2.6% in afternoon trading, but remains down 17% year-to-date.
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Tesla (TSLA) inched up 0.36% in after-hours trading Monday after at least four Wall Street firms raised their price targets on the stock ahead of its Q2 earnings report. UBS led the upgrades, citing expectations for a strong earnings beat.
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Tesla shares surged 3% ahead of Q2 earnings as Wall Street bets on AI and energy-fueled profit growth. But sky-high expectations could be a double-edged sword.
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Tesla’s Q2 deliveries smashed estimates, but the stock is still getting hammered. Investors are balking at a ~359x P/E and intensifying competition from BYD and others.
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Tesla delivered 480,126 vehicles in Q2, topping Wall Street forecasts, but the stock plunged 7.49% on the day. Investors are pricing in margin pressure from aggressive price cuts and lingering concerns over full-year guidance.
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Tesla delivered 480,126 vehicles in Q2, crushing estimates by ~74,000 units, but the stock slid 7.5% after hours. Rivian also topped expectations and lifted its 2026 delivery forecast, sending shares up 7% pre-market.
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Michael Burry has disclosed a new short position in Tesla (TSLA) ahead of its Q2 delivery numbers, betting the stock will retreat. Shares closed at $420.6 on June 30, up 2.13%.