Tesla's stock trades at $374.58, down nearly 25% from its 52-week high, amid a surprise 20% cut in capital spending and flat revenue growth. While most analysts have lowered earnings estimates and hold cautious views, Wedbush's Dan Ives forecasts a 60% upside, betting on Tesla's shift from carmaker to AI and autonomous software leader, driven by growth in robotaxi services and software subscriptions. However, risks remain if Tesla's AI investments slow or operating margins stay low, and peers like Rivian and Detroit automakers currently show more upside potential. Investors should watch for robotaxi revenue growth and battery supply improvements as key catalysts.
As of Oct 24, 2026 00:02 WIB, Tesla (TSLA) trades at USD 372.32 on Pluang, down 0.60% for the day, with a market cap of $1.48 trillion and a typical hold time of 88 days. Rivian (RIVN), mentioned as a peer with upside potential, is priced at USD 11.94, down 1.00%, with a market cap of $17.46 billion and a shorter hold time of 61 days. Pluang order activity shows a strong sell bias for both stocks, with Tesla at 84% sell and Rivian at 100% sell, highlighting cautious sentiment among Pluang investors.
Tesla's sales in Europe surged 69.9% in the first nine months of 2026, reaching 188,035 vehicles, contrasting sharply with a 30.7% decline in US EV sales. This growth is attributed to higher gas prices in Europe and Tesla overcoming previous politica...
Questrade now offers pre-market (7:30 am to 9:25 am ET) and post-market (4:00 pm to 4:15 pm ET) trading for equity options on 29 selected stocks and ETFs, including major names like AAPL and TSLA. This allows investors to respond to earnings reports ...
Tesla has officially stopped plans to produce the Cybertruck for Australia and New Zealand, informing reservation holders that deposits made since 2019 will be fully refunded. The decision stems from the high costs and engineering challenges of makin...
SpaceX stock experienced significant volatility over the past month, with prices fluctuating between $104.83 and $225.64, currently trading near $149. Despite a recent 9.14% drop, the stock remains above its IPO price of $135. The company reported st...
SpaceX reported a $561 million unrealized gain from its stake in The Boring Co. during Q3, contributing to a net income of just over $4 billion. The Boring Co., spun out from SpaceX in 2018, recently raised $3 billion at a $23 billion valuation, back...
