Tesla announced it has built its 10 millionth electric vehicle, marking a major milestone toward CEO Elon Musk's goal of producing 20 million vehicles by 2035. This achievement fulfills half of the production target tied to Musk's $1 trillion pay package. Despite strong growth from models like the Model 3 and Model Y, Tesla has yet to sell 2 million vehicles in a single year, suggesting it may reach 20 million vehicles only in the early 2030s. The company faces challenges including declining U.S. sales and rising costs, but remains ahead of competitors like Rivian and Lucid Motors. Tesla is also progressing on other goals like Full Self-Driving subscriptions but is still early in developing robots and robotaxis.
Nvidia reported one of the largest quarterly profits in corporate history, with revenue of $96.2 billion and net income of $59.7 billion, driven by strong growth in its Data Center segment. Wealth manager Ross Gerber believes the stock is still under...
The Roundhill Humanoid Robotics ETF (HUMN), focused on marquee humanoid robot companies like Tesla and UBTech, has underperformed in 2026, gaining only 11% year-to-date compared to KOID's 41.8%. HUMN's concentrated portfolio, heavily weighted in a fe...
Ford's stock has risen 6% this year, beating Tesla's 22% decline, though Ford's market cap is just 4% of Tesla's $1.38 trillion. Ford dominates the U.S. SUV and pickup market with its profitable F-150, while Tesla faces challenges with declining EV s...
Hyundai Motor is accelerating its U.S. expansion with a $26 billion investment plan through 2028, including ramping up production at a new $7.6 billion plant in Georgia. The company aims to increase its U.S. market share, which has grown from 8.4% in...
Alphabet, led by its Google unit, has seen a 10% stock increase in 2026, outperforming peers like Meta and Tesla. The company reported a 24% revenue rise to $119.8 billion last quarter, driven by a 17% increase in Google Search revenue and an 81% sur...
