Elon Musk claimed Tesla will eventually handle the majority of all passenger miles on Earth where it can operate freely, highlighting the company's ambition in autonomous ride services. Despite this bold vision, Tesla's current robotaxi fleet has driven only about two million unsupervised miles, a small fraction compared to competitors like Uber, which handles billions of trips quarterly. Tesla's valuation at $1.53 trillion reflects high expectations, but regulatory hurdles and the need for broader market access remain significant obstacles. Investors should watch Tesla's expansion and Uber's performance for signs of progress in the autonomous ride-hailing market.
As of Oct 22, 2026 21:41 WIB, Tesla trades at USD 386.69, closer to its 52-week low of USD 298.16 than its high of USD 489.88, with a market cap of $1.53 trillion. In contrast, Uber is priced at USD 68.11, near its 52-week low of USD 65.94 and well below its high of USD 99.72, holding a market cap of $138.12 billion. On Pluang, Tesla sees more selling pressure with 76% of orders to sell compared to Uber's 11%, reflecting differing investor sentiment despite Tesla's larger valuation.
Tesla reported Q3 2026 earnings that surpassed EPS expectations despite a decline in revenue and year-over-year earnings and free cash flow. The company's gross margin improved to 19.6%, supported by growth in non-electric vehicle segments like Full ...
Tesla reported a 3% year-over-year decline in automotive revenues and a 2.1% drop in vehicle deliveries, signaling weakening demand and the expiration of regulatory credits. Despite a strong free cash flow rebound to $1.5 billion in Q3, capital expen...
Tesla's Q3 2026 results showed mixed performance with adjusted EPS beating expectations but deliveries failing to grow year-over-year despite new models and discounts. The company is experiencing margin pressure in both automotive and energy segments...
In Q3 2026, Tesla and SpaceX maintained their combined Bitcoin holdings at 30,221 coins, valued at about $2.53 billion. Tesla holds 11,509 BTC, and SpaceX 18,712 BTC, with no new purchases or sales reported. Bitcoin's value fluctuations significantly...
SpaceX's shares rose after a strong Q3 report and merger discussions with Tesla, but six related space stocks have declined since April. These companies, including AST SpaceMobile, Intuitive Machines, BlackSky, Redwire, Planet Labs, and Rocket Lab, m...
