Tesla achieved a record 480,126 vehicle deliveries in Q2, marking a strong recovery in its core electric vehicle business. This performance supports optimistic revenue and earnings estimates, with potential upside if profit margins improve. The analyst maintains a 12-month price target of $550–$600, citing Tesla's leadership in EVs, full self-driving technology, energy, and AI sectors, while noting risks related to execution and valuation. Overall, Tesla remains a top long-term investment pick based on its multi-segment ecosystem and growth prospects.
Amazon's subsidiary Zoox is expanding its fully driverless robotaxi service to San Francisco and Las Vegas, directly competing with Tesla's autonomous vehicle ambitions. Zoox operates without safety drivers, while Tesla is still transitioning to remo...
Elon Musk publicly denied reports that Tesla is preparing to spin off or sell its China operations, calling the news "absurdly fake." However, Tesla has been building operational and technological separations between its China unit and the rest of th...
Swedish electric trucking company Einride announced plans to purchase 500 Tesla Semis, which will be integrated into its fleet over the next 24 months starting in September. This move will triple Einride's current fleet size and enhance its Saga AI f...
CNBC compared Tesla's Full Self-Driving (FSD) system with Rivian's Autonomy+ and found Tesla's system superior, especially in non-highway and point-to-point driving. Rivian's system, which offers features like automatic parking and on-ramp to off-ram...
Elon Musk's net worth fell from a peak of $1.1 trillion in June to $858 billion due to SpaceX's stock volatility after its IPO and Tesla's poor year-to-date stock performance. SpaceX's shares have fluctuated widely since their $135 IPO price, current...
