RBC Capital's analyst Tom Narayan upgraded Tesla stock to a Buy rating and raised the 12-month price target from $475 to $500, citing strong potential from the Robotaxi market and a possible SpaceX acquisition. This bullish stance contrasts with other Wall Street analysts who mostly recommend holding Tesla shares due to concerns over its core car business and stock performance in 2026. Tesla's shares have declined 8% year-to-date, and the average analyst price target suggests a slight decrease to around $400 in the next year. The upgrade highlights optimism about Elon Musk's strategy of merging his companies and expanding Tesla's market opportunities beyond traditional EV sales.
Tesla plans a demonstration of its next-generation Roadster at SpaceX's Texas rocket test site, potentially as soon as August 2026. The car, equipped with SpaceX cold gas thrusters, will briefly lift off the ground in a remote-controlled hover, not a...
Michael Burry, known for his contrarian bets, has increased his short positions on Micron Technology and the Invesco QQQ Trust despite current losses. Micron's stock has surged over 238% this year due to strong demand in the memory chip sector, but B...
Tesla and Alphabet reported Q2 2026 results showing contrasting AI strategies. Tesla's revenue rose 25.5% with record vehicle deliveries, but operating margin fell to 1.4% due to heavy spending on AI and robotics, leading to a negative free cash flow...
SpaceX shares opened above IPO price but early investors faced losses as the stock dipped after debut. Despite a recent rally nearing 40%, initial buyers still saw declines. Positive earnings and strategic investments, including Tesla's stake in a Te...
In 2025, Elon Musk received $158.3 billion in compensation as Tesla's CEO, which was 2.5 million times the pay of the average Tesla worker. This figure is an extreme example of the widening pay gap between CEOs and workers, with the average CEO-to-wo...
