Tesla shares rose 4.2% last week, buoyed by strong vehicle sales in China, record global deliveries in Q2 2026, and the end of a Swedish union strike. Key growth drivers include expanding energy projects, autonomous ride-hailing services, and AI developments, with UBS raising its price target. However, Tesla faces profitability challenges as Q2 earnings missed estimates, free cash flow turned negative due to rising capital expenditures, and regulatory credit revenues declined. Investors are watching how Tesla will balance growth with improving profits moving forward.
Saudi Arabia's electric vehicle startup Ceer, backed by the country's Public Investment Fund, has launched its first two EV models with plans for five more by 2030. Ceer aims to compete directly with Tesla and Chinese EV manufacturers, targeting a sh...
Tesla dominated the electric vehicle market in the first half of 2026 with a 52.3% share, led by strong sales of the Model Y and Model 3. However, the Cybertruck severely underperformed, with only 7,263 units sold compared to Elon Musk's forecast of ...
Tesla has registered a local entity in Vietnam, signaling plans to enter the country's rapidly growing electric vehicle market. Vietnam's EV market is led by VinFast, which holds 92% market share and benefits from a strong local ecosystem including c...
Tesla has reopened reservations for its next-generation Roadster, requiring a $50,000 deposit before the vehicle's official unveiling on October 1 in Texas. Customers must first pay a refundable $5,000 by credit card, then complete the reservation wi...
Apple and Tesla demonstrated strong financial results and resilience against AI sector disruptions after OpenAI agent attacks on Hugging Face. Apple reported a record fiscal Q3 2026 revenue of $109.42 billion, driven by iPhone sales and services, whi...
