Tesla shares plummeted 18% in a single week following a Q2 earnings miss, with the stock hitting an 11-month low at $313.03. The company reported adjusted EPS of $0.33 against a consensus of $0.54, while free cash flow swung to negative $1.09 billion. Operating income...
Micron Technology (MU) briefly surpassed Meta Platforms and Tesla in market capitalization, reaching $1.398 trillion after a significant rally driven by strong artificial intelligence demand. The surge followed Micron's fourth-quarter results, which showed revenue of $41.5 billion and adjusted earnings of $25.11 per share, representing...
On June 5, JPMorgan upgraded its rating on Tesla Inc. (TSLA) from Underweight to Neutral and raised its price target significantly from $145 to $475. The brokerage firm cited Tesla's strategic expansion into new business lines as the primary driver for this positive reassessment, highlighting...
JPMorgan analyst Rajat Gupta upgraded Tesla (TSLA) from a "sell" or bearish stance to "neutral," raising the price target to $475, which represents approximately 20% upside from current levels. The upgrade marks a significant shift for JPMorgan, which had maintained a pessimistic view on the...
Former Fidelity Fund Manager George Noble has delivered a scathing critique of Tesla following its latest earnings call, labeling the event "the biggest disaster in the history of Tesla." Noble, who manages one of Fidelity's flagship mutual funds and founded two billion-dollar hedge funds since...
J.P. Morgan has upgraded its rating on Tesla (TSLA) from underweight to neutral following a change in analyst coverage, with Rajat Gupta replacing the previous bearish analyst Ryan Brinkman. The new target price is set at $475, up from Brinkman's prior target of $145 which...
Lucid Group (LCID) and Rivian Automotive (RIVN) stocks rallied sharply on Monday, March 9, 2026, driven by a surge in crude oil prices to approximately $86 per barrel. The rising cost of gasoline is providing a short-term tailwind for electric vehicle manufacturers by making EVs...
Tesla reported a significant rebound in vehicle sales for the second quarter, with revenue jumping 26% to $28.24 billion and deliveries rising 25% to 480,126 units. Despite this volume growth, the company's financial health faced headwinds as earnings per share fell to 33 cents from...
Tesla stock has declined approximately 7% in 2026, with analysts warning of potential further drops driven by intense price competition from rivals like BYD and concerns over profitability amidst high capital expenditures. The company's recent financial performance is described as mixed, featuring record vehicle deliveries...
Tesla shares edged higher on Tuesday as Wall Street analysts raised price targets following a strong second-quarter vehicle delivery report. The electric vehicle maker delivered approximately 480,000 vehicles in the quarter, representing a 25% year-over-year increase and significantly surpassing the consensus expectation of 406,000 units....
Tesla reported a significant fundamental turnaround in Q1 2026, delivering 136% operating income growth on 16% revenue expansion. Automotive gross margins recovered to 21%, while Services revenue surged 42% driven by 1.28 million FSD subscribers. Despite these operational improvements, the stock faced headwinds with shares...
Tesla shares rose 6% to $416.50 following a Q2 delivery beat of 480,126 vehicles and the launch of its robotaxi service in Miami. The stock's gain capped a volatile period where Tesla remains down 8% year-to-date, framing today's move as a sector-wide bounce rather than...
Tesla reported record-breaking second-quarter deliveries of 480,126 vehicles, significantly surpassing analyst estimates of approximately 402,000 units. This performance marked a roughly 25% year-over-year increase and represented the company's strongest Q2 on record, driven by robust sales in Europe and China despite intense competition. The Austin-based...
Tesla (TSLA) shares rose over 4% in early Monday trading, reaching $396.64, as investors looked ahead to the company's second-quarter delivery report scheduled for Thursday. The rally was bolstered by fresh comments from CEO Elon Musk regarding a new rollout of Full Self-Driving software on...
Tesla stock rebounded approximately 3% in early Monday trading, reaching $403.65, after a sharp 6.6% decline on Friday driven by a broader technology selloff linked to strong US jobs data and interest rate concerns. The wider market also recovered, with the S&P 500 gaining 0.7%...
J.P. Morgan analyst Rajat Gupta upgraded Tesla from Underweight to Neutral on June 5, significantly raising its price target from $145 to $475. The upgrade marks a strategic pivot for the bank, which has historically been a prominent bearish voice on the stock, driven by...
Tesla is reportedly developing a low-cost vehicle platform, often referred to as the 'Model 2,' which aims to sell for under $30,000. According to CEO Elon Musk, this goal is already being realized through the Cybercab, a novel two-passenger robotaxi currently in production. The article...
Tesla shares experienced a decline despite reporting first-quarter earnings that beat profit expectations, as the market focused on the company's expanded spending plans. First-quarter revenue came in at $22.4 billion, slightly below analyst projections, while automotive operating income and net income exceeded forecasts. Per-vehicle gross...
Tesla and Rivian closed 2025 with divergent financial narratives as they approach 2026. Tesla, a profitable technology company, faced a 16% year-over-year decline in vehicle deliveries to 418,227 units but successfully expanded its gross margin by 386 basis points to 20.1%. The energy segment achieved...
Tesla stock (NASDAQ: TSLA) is trading down more than 1% as three major institutional banks—JPMorgan, Morgan Stanley, and Phillip Securities—have recently turned bearish. While retail investors remain firm, these institutions argue that Tesla's current valuation reflects a future performance the company has not yet achieved,...
