Elon Musk Just Revealed Tesla’s Future
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Elon Musk warned that Tesla could face "a few rough quarters," as it weathers shifting tariffs and the end of EV tax credits in the US.
Discover how the autonomous vehicle market could reshape mobility. Explore Tesla, Inc.'s bold vision vs. Alphabet Inc. progress. Click for more on TSLA and GOOGL.
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Tesla's market cap fell below $1 trillion, but it still reflects investors' assumptions of enormous future growth.
Even with shares down 12% this year, Tesla Inc. (NASDAQ:TSLA) still carries an out-of-this-world price-to-earnings ratio of 189x. That's not just lofty—it's meme-level. Tesla's Valuation Is Still From Another Planet For context,
The electric carmaker informed California that it will operate a limited public taxi service. But it’s not legally allowed to do this with self-driving cars.
Tesla faces its biggest revenue dip in a decade as EV demand cools, shifting focus to robotaxi expansion amid economic and policy uncertainty.
Meanwhile, another artificial intelligence (AI)-powered transportation stock has rocketed higher this year, partly due to its emerging autonomous driving business. Lately, the stock seems to go up when Tesla goes down and vice versa. Is it the ultimate threat to Tesla's autonomous driving ambitions?
Gary Black expressed skepticism about Tesla's robotaxi test in SF. Black says FSD cannot be fully autonomous until safety driver is removed.
Tesla revenue dropped 12%, and profits slumped 16% in the three months through June as buyers continued to steer clear, and in some cases, turn to more affordable competitors' offerings.
US stock futures traded mixed on Thursday, as hopes for a US-EU trade deal kept fresh records in sight and Wall Street assessed earnings from tech giants Alphabet (GOOG) and Tesla (TSLA). Alphabet beat Wall Street's second-quarter earnings expectations and doubled down on its AI spending spree.