Tag TSLA

The major indexes sold off hard on Wednesday fueled by sharp drops in Tesla and Google stocks. A potato stock fell more than 25%...

The CEO asked his followers on X whether the electric vehicle maker should invest $5 billion in xAI...

Here's why the second quarter could be better than it appears, and why 2025 can't come soon enough...

Tesla (TSLA) reported second-quarter results after Tuesday's market close, posting revenue that beat expectations while profits fell short. This mixed performance has led to a decline in the company's stock price. Laffer Tengler Investments CEO and CIO Nancy Tengler joins Catalysts to discuss why this dip presents a buying opportunity for investors. Tengler advises investors to purchase Tesla shares during "periods of chaos." She argues that Tesla investors are not solely focused on EV growth, but rather on "the other elements of the business." Tengler highlights segments such as utility-grade batteries, robotaxi technology, and full self-driving capabilities, stating: "I think you're buying a company that's an AI company and less so a car company." Addressing Elon Musk's support for Trump in the upcoming election, Tengler says, "Elon is one CEO you don't want to underestimate." She notes that Musk often makes "provocative" statements that generate headlines, creating a cycle of media attention. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith...

Stocks that traded heavily or had substantial price changes on Wednesday: Tesla Inc. TSLA), down $28.11 to $218.27 The electric vehicle maker said its profit for the spring fell 45% from a year earlier. Alphabet Inc...

Shares of Tesla (TSLA) continue to fall on Wednesday morning after the company posted its second quarter results, with earnings missing estimates for the fourth straight quarter. CEO Elon Musk, on the company conference call, said that more affordable EVs are on track for 2025 debut. Citi US autos & auto parts analyst Itay Michaeli joins Catalysts to give insight into Tesla's recent performance, how the company might turn it around, and how the auto sector may play out moving forward. Michaeli says that gross margins for the autos business, excluding credits, fell short of analyst estimates, serving as "a reminder that the auto business does still have some fundamental challenges." When asked if the robotaxi can be a saving grace for the company, Michaeli responds: "I think it's all about the level of credibility in the actual deployment plan for Tesla. If the event is reminiscent of the 2019 Autonomy Day, that could receive some some pushback and disappointment. But if the company is able to actually leverage its advantages, which we think are really a low-cost robotaxi platform, the hardware costs, as well as, of course, their end-to-end AI capabilities, which are very strong into a credible deployment plan for robotaxi and other mobility services that could actually be perceived well." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino...

Spot ether ETFs close out first trading day lower. Elon Musk talks robotaxi delay, energy upside, discounting downside. CrowdStrike blames bug in content update for global Windows meltdown...