Investment
Features
FeesSafety
Academy
More
Pluang+

Tesla stock plunged 18% in its worst week since 2022 over concerns about Elon Musk's robotaxi and AI investments.

Market News
29 Jul 2026
Jeremy Bowman
View Source
Bearish
pluang ai news

Tesla's stock fell 18% last week, marking its steepest weekly decline since 2022. Investors reacted negatively to CEO Elon Musk's plans to invest heavily in robotaxi technology and artificial intelligence, raising doubts about near-term profitability. This sell-off reflects growing skepticism about the company's ambitious spending on futuristic projects. Market watchers will be closely monitoring Tesla's next moves and financial updates for signs of recovery or further risk.

More News (TSLA)

Direxion launches six new ETFs blending income and risk management on major tech stocks.

Direxion launches six new ETFs blending income and risk management on major tech stocks.

Direxion introduced six new Defined Income Boost ETFs on July 29, 2026, targeting major tech companies like Google, Meta, Nvidia, Tesla, Micron, and Palantir. These ETFs aim to provide investors with income—targeting 20% annualized—through selling ca...

Market News
Bullish
7 hours ago
Mercedes-Benz GLS580 and VW Tiguan top car seat fit tests in 2026 report ahead of school season

Mercedes-Benz GLS580 and VW Tiguan top car seat fit tests in 2026 report ahead of school season

Cars.com released its 2026 Best Cars for Car Seats report after testing 56 vehicles for car seat fit and ease of installation. Only the 2025 Mercedes-Benz GLS580 and 2026 Volkswagen Tiguan earned straight A's across all car seat categories, with 10 o...

Market News
Bullish
12 hours ago
ARKW ETF rated Hold amid short-term challenges from AI and cloud spending, despite long-term growth potential.

ARKW ETF rated Hold amid short-term challenges from AI and cloud spending, despite long-term growth potential.

The ARK Next Generation Internet ETF (ARKW) has received a Hold rating due to near-term challenges from increased capital spending in artificial intelligence and cloud infrastructure. Its top holdings like AMD and Tesla are well-positioned for long-t...

Analyst Insights
Neutral
19 hours ago
Amazon refocuses AI strategy on new frontier model, Apple hits $5T market cap, mixed earnings from Corning, Boeing, PayPal.

Amazon refocuses AI strategy on new frontier model, Apple hits $5T market cap, mixed earnings from Corning, Boeing, PayPal.

Amazon is shifting its AI strategy by winding down most Nova models to prioritize a new frontier model led by Pieter Abbeel, with a debut expected at the re:Invent conference. Corning reported mixed guidance with Q3 revenue below expectations despite...

Market News
Neutral
1 day ago
SpaceX dominates June trading on MEXC's RealStocks with nearly 30% volume share, highlighting strong investor interest.

SpaceX dominates June trading on MEXC's RealStocks with nearly 30% volume share, highlighting strong investor interest.

MEXC's RealStocks platform, launched in June 2026, saw SpaceX (SPCX) capture nearly 30% of trading volume and user activity, marking it as the most popular stock among over 7,000 US stocks and ETFs available. AI-related stocks collectively accounted ...

Market News
Bullish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App