Tesla is rapidly evolving into a physical AI company, with its Full Self-Driving (FSD) subscriptions growing 56% year-over-year in Q2 and reaching an annual recurring revenue (ARR) of $791 million. The company expects up to 750,000 subscribers and an ARR between $860 million and $890 million in Q3, signaling strong growth in its high-margin subscription business. However, Tesla has increased its capital expenditure guidance and projects negative free cash flow through 2026, leading to a moderate downgrade from Strong Buy to Buy. Despite near-term financial pressures and high valuations, Tesla's long-term value remains promising as FSD and other innovations continue to scale.
Tesla shares are trading at USD 367.72 on Pluang as of Oct 20, 2026 04:02 WIB, up 3.66% in the last day. The stock holds a market cap of $1.40 trillion and a 52-week range between $298.16 and $489.88. This price movement coincides with Tesla's focus on growing its Full Self-Driving subscription business, which is highlighted in the Q3 preview, while investor sentiment remains balanced with a near-even split in Pluang order activity at 49% Sell and 51% Buy.
Tesla shares rose 4% after Florida Governor Ron DeSantis promised to make Tesla's flying Roadster legal in the state. This pledge followed Tesla's recent demonstration of the Roadster's brief flight capabilities, boosting investor enthusiasm. Meanwhi...
Tesla was upgraded from Sell to Hold before its Q3 earnings report due to strong Q2 revenue growth of 25.5% year-over-year, despite missing EPS targets and negative free cash flow caused by heavy capital expenditures. Concerns remain over compressed ...
Meta Platforms and Tesla are set to report earnings this week, providing a key test of investor confidence in AI spending after a recent sell-off in semiconductor stocks. Strong inflation data has raised concerns about sustained price pressures, but ...
Nasdaq 100 futures rose 1.32% Monday following last week's AI-driven selloff, which saw CoreWeave's stock drop 25% and its credit default swaps reach distress levels. Despite the bounce, credit spreads in AI-related stocks remain wide, signaling ongo...
Tesla's Q3 earnings will be closely watched as deliveries beat forecasts but profitability remains uncertain due to potential pricing concessions and rising costs. Meta's shares have rallied 37% thanks to its AI product Muse, though high spending rai...
