Tesla reported a 26% year-over-year revenue increase in Q2 2026, signaling improved top-line growth after previous sluggish quarters. However, the company faces deteriorating gross, operating, and EBITDA margins, indicating profitability challenges. While non-auto segments like energy and services are growing, they remain too small to offset margin pressures from the auto business. Due to these mixed factors and a high 188x earnings multiple, Tesla's stock was upgraded from Sell to Hold, as it remains expensive compared to other tech stocks with better growth and profitability metrics.
Tesla's stock fell 6% following a Cybercab update event that failed to excite investors. The Cybercab, a driverless robotaxi in production since April, was showcased in a private event without CEO Elon Musk. The National Highway Traffic Safety Admini...
Tesla's stock dropped more than 7% following a disappointing Cybercab launch that lacked key details like pricing and order mechanisms. Analyst Gordon Johnson from GLJ Research reiterated a 'Sell' rating and set a 12-month price target near $24, impl...
Tesla held a low-key event to introduce its Cybercab, a fully autonomous vehicle relying solely on cameras and AI, aiming to be more affordable than competitors like Waymo. Key details include restrictions on children under 13 riding in the Cybercab,...
The Schwab U.S. Large-Cap Growth ETF (SCHG) heavily concentrates its portfolio in just three tech giants—NVIDIA, Apple, and Microsoft—making up nearly a third of its holdings. Despite being marketed as a diversified large-cap growth fund, this concen...
Tesla launched its Cybercab, a vehicle without a steering wheel or pedals, by self-certifying its legality without prior regulator approval. The National Highway Traffic Safety Administration (NHTSA) has opened an audit to examine Tesla's certificati...
