Tesla's stock fell 5.79% to $381.61, pressured by shrinking tech multiples and margin challenges as global EV pricing tightens. Despite strong Q1 2026 earnings, expanding automotive gross margins, and growth in FSD subscriptions and services, valuation remains stretched with a trailing P/E of 371 and forward P/E of 204. Risks include declining deliveries, collapsing regulatory credits, and slowing energy revenue, while upside depends on successful Robotaxi and Cybercab launches and sustained margin recovery. Analysts target $420.55, but prediction markets see a 70% chance of Tesla hitting $375 by June, highlighting a bearish risk/reward setup at current prices.
Sunrun, a home solar and battery storage company, announced a partnership with Tesla and Renew Home to provide over 16 gigawatts of flexible energy capacity for AI data centers and utilities. This collaboration aims to support the growing energy dema...
Toyota is set to report a nearly 1% increase in U.S. vehicle sales for the first half of the year, reaching 1.25 million units, while General Motors (GM) is expected to see a 7.2% decline to 1.33 million. Toyota's focus on hybrid vehicles, which are ...
Sunrun, a solar-energy company, announced a partnership with Renew Home and Tesla to supply power for AI data centers. This collaboration highlights the growing role of renewable energy in supporting advanced technology infrastructure. The news led t...
US stock indices including Nasdaq 100, Dow Jones 30, and S&P 500 showed early signs of recovery on Wednesday following a sharp selloff on Tuesday. The Nasdaq aims to regain the 30,000 level but may find support at 28,500 if it falls. The Dow Jones is...
Sunrun, Renew Home, and Tesla have partnered to deliver over 16 gigawatts of flexible energy capacity by aggregating home batteries, smart thermostats, and vehicle-to-grid systems. This initiative aims to support rising electricity demand from data c...
