Tesla reported Q2 FY2026 earnings showing an 8% rise in automotive revenue but a sharp 14.7% stock drop due to investor concerns over its strategic shift from car manufacturing to becoming an AI-focused company. The company plans over $25 billion in capital expenditures for 2026, leading to negative free cash flow and compressed gross margins at 16.3%, pressured by price cuts and incentives. Investors are wary as Tesla's heavy AI investments may delay returns, risking further valuation declines in upcoming quarters.
Tesla's stock rose 6% following a Barclays upgrade to Overweight, driven by potential merger talks with SpaceX and expected growth from Full Self-Driving tech and Shanghai exports. Barclays raised Tesla's price target to $450, highlighting a possible...
Tesla's GAAP operating profit has fallen by more than 50% since late 2023, driven by declining regulatory credits and flat vehicle deliveries. The company now relies heavily on discounted Full Self-Driving (FSD) subscriptions, with services gross pro...
YYForce Inc. praised Tesla and Elon Musk for beginning production of the Optimus humanoid robot in California, marking a key milestone for robotics and AI. YYForce plans to deploy its own humanoid robot at Novotel Singapore in November 2026 to test a...
Tesla's stock debate centers on whether it's a carmaker or an AI platform, with the upcoming Robotaxi fleet as a key catalyst. The company reported Q3 revenue slightly above estimates but faced battery shortages limiting deliveries. Robotaxi's unsupe...
Car rental platform Turo will now identify Teslas equipped with Tesla's Full Self-Driving (FSD) system on its marketplace and offer eligible car owners a free one-month FSD trial. This move aims to increase exposure and adoption of Tesla's advanced d...
