Used electric vehicle prices in the US surged 12% in June 2026 compared to the previous year, driven by high gas prices and geopolitical tensions from the Iran war. Cox Automotive's Manheim Used Vehicle Value Index shows used EV prices rising steadily this year, contrasting with a modest 1.7% increase for non-EVs. Demand for used EVs grew, with Tesla leading sales, while new EV sales declined in Q2 due to earlier spikes linked to expiring government incentives. The market faces potential pressure from an expected increase in off-lease EVs later this year, with gas prices remaining a key factor influencing demand.
Tesla delivered a record 480,126 vehicles and generated $28.24 billion in revenue but missed earnings expectations with a non-GAAP EPS of $0.33, 38.51% below forecasts. The company faced financial pressures including a negative free cash flow of $1.0...
The KraneShares Global Humanoid Robotics and Physical AI Index ETF (KOID) is a $6.3 billion fund offering broad exposure to physical AI and robotics-adjacent companies, but it dilutes pure humanoid robotics exposure. A newer ETF, Roundhill Humanoid R...
Tesla delivered a record 480,126 vehicles and $28.2 billion revenue in Q2 but missed profit estimates with EPS at $0.33 versus $0.54 consensus, causing a 27% year-to-date stock decline. Operating margin shrank due to rising expenses in AI and R&D, fl...
Dr. Michael Burry has taken bearish positions against several AI-related stocks like Palantir, Tesla, and Caterpillar, citing overvaluation concerns. However, these stocks have shown strong recovery and remain volatile, making timing critical for his...
Tesla delivered a record 480,126 vehicles in Q2 2026 but saw operating margins shrink to 1.4% due to a 47% rise in operating expenses linked to AI infrastructure and stock compensation. Meanwhile, SpaceX reported $7.81 billion revenue with its AI seg...
