Tesla's stock has dropped 26% year to date despite record vehicle deliveries and growth in energy and services revenue. The company reported a Q2 EPS miss, a 57% drop in operating income, compressed margins at 1.4%, and negative free cash flow due to rising capital expenditures. While Tesla is valued as a tech leader in AI, robotics, and autonomy, current financials reflect traditional automaker economics with profitability challenges. Investors await clearer evidence on robotaxi scaling, FSD profitability, and Optimus revenue before committing, as the stock trades at very high multiples relative to earnings. The risk remains skewed to the downside unless Tesla delivers significant progress on these new ventures.
Skydance, following its merger with Paramount, is focusing on technology and AI to enhance content creation and consumer engagement, aiming to compete with major streamers and tech firms. DA Davidson projects Micron's shares could triple by 2027-2028...
Intel CEO Lip-Bu Tan confirmed the company's continued involvement in Elon Musk's Terafab semiconductor venture after Musk revealed early talks with TSMC about a potential role. Musk clarified that Tesla and SpaceX will build and operate the Texas fa...
UBS analyst Joseph Spak raised Tesla's price target slightly from $385 to $391 and maintained a Buy rating, highlighting a tactically favorable risk/reward setup. Tesla's stock, currently trading around $378, is driven more by investor sentiment abou...
SpaceX shares surged 8% to $171, climbing nearly 50% from recent lows and reclaiming its IPO price, boosting CEO Elon Musk's net worth. Morgan Stanley reiterated a $300 price target, while the company's Falcon 9 rocket set a record delivering astrona...
Tesla delivered 487,000 vehicles in Q3, surpassing consensus estimates by 5% and showing a slight quarterly increase despite a 2% year-on-year decline. Model 3 and Model Y deliveries rose 2% quarter-on-quarter but dropped 1% year-on-year. Production ...
