Tesla reported first quarter vehicle deliveries of 358,023, below Wall Street's estimate of around 370,000, causing shares to fall 4.5% to about $364. Production reached 408,386 vehicles, with most volume from Model 3 and Model Y. Deliveries declined 14% from the prior quarter but showed slight growth year-over-year. Challenges in Europe and regulatory delays impacted demand, while China showed strong delivery growth. Energy storage deployments were also below expectations. Analysts remain optimistic about Tesla's future, focusing on its AI initiatives like robotaxis and full self-driving subscriptions, maintaining an 'Outperform' rating with a $600 price target.
The National Transportation Safety Board (NTSB) reported that a Tesla driver pressed the accelerator pedal to 100%, overriding the Full Self-Driving (FSD) software, before crashing into a house in Katy, Texas, killing a resident. The Tesla was travel...
Google has announced its biggest solar power and battery storage purchase, investing in a project in Arkansas that will generate enough electricity to meet about 6% of the state's peak demand. The project, developed with Cypress Creek Energy, will ad...
Deutsche Bank reaffirmed its Buy rating on Tesla stock, setting a 12-month price target of $465, implying a 17% upside. The bank highlighted Tesla's long-term growth potential driven by autonomy, robotics, and AI, despite expecting Q2 earnings per sh...
The global hybrid robots market is projected to grow from $5.68 billion in 2026 to $10.03 billion by 2030, with a CAGR of 15.3%. Growth is fueled by advances in AI, autonomous operations, and smart manufacturing, alongside rising demand for robots in...
Tesla reported record vehicle deliveries in Q2 2026, but demand quality is weakening due to heavy discounts and lower average selling prices. Despite strong revenue growth, Tesla is expected to have negative free cash flow in 2026–2027 as capital spe...
