Tesla (TSLA) reported earnings 30 days ago. What's next for the stock?
Tesla (NASDAQ:TSLA) can be a pretty difficult Mag Seven stock to value, given all that hinges on robotaxis.
One of Tesla Inc.'s (NASDAQ: TSLA) most significant challenges is the huge market for used models of its cars.
Shares of Tesla Inc. (NASDAQ: TSLA) slipped 2.7% on Wednesday, extending its retreat in the past week as concerns grow about Tesla sales particularly in China and Europe.
Alphabet's self-driving unit Waymo may not be as loud as Tesla in the autonomous vehicle race, but co-CEO Tekedra Mawakana says that Waymo is the only company that's operating fully driverless rides at scale - most recently notching 10 million autonomous rides. CNBC's Deirdre Bosa sits down with her in an exclusive interview at the Google I/O developer conference on Tuesday.
Elon Musk dismissed concerns about Tesla Inc's (NASDAQ:TSLA) recent sales dip and his own leadership during a combative appearance at the Qatar Economic Forum. Responding to questions over weaker European figures, Musk claimed demand was strong globally, calling Europe the company’s “weakest market” but insisting performance elsewhere had already rebounded. He pointed to Tesla’s share price as the best indicator of business health, saying, “The stock wouldn’t be trading near all-time highs if things weren’t in good shape.” Musk also confirmed Tesla would begin testing a limited fleet of self-driving taxis in Austin by late June, with safety operators on board initially. If successful, the pilot could expand quickly. Questions over Musk’s pay resurfaced following reports Tesla’s board is considering alternative compensation plans. A 2018 pay award, worth up to $100bn, remains under legal appeal. Musk maintained his demands were about control, not money, and reiterated his intention to remain chief executive.
X (formerly Twitter)X (formerly Twitter) QatarEconForum (@QatarEconForum) on X "Burning down cars is unacceptable. Those people are going to prison, and the people who funded and organized them will also go to prison.
Elon Musk says Tesla's stock wouldn't be trading near all time highs if things weren't in good shape
Investors will parse Musk's recent words for days, looking for clues about Telsa's robotaxi rollout and AI development.
Elon Musk dismissed concerns about Tesla Inc's (NASDAQ:TSLA) recent sales dip and his own leadership during a combative appearance at the Qatar Economic Forum. Responding to questions over weaker European figures, Musk claimed demand was strong globally, calling Europe the company's “weakest market” but insisting performance elsewhere had already rebounded.
Elon Musk on Tuesday told CNBC there's "no need" for Tesla to buy Uber. Tesla owners could one day be able to earn money by lending their car to Tesla's autonomous fleet, he said.
In a string of public appearances Tuesday, Tesla (TSLA) CEO Elon Musk emphasized his commitment to the role and robotaxi plans, leading one of Wall Street's biggest Tesla bulls to say he is seeing "a different Musk" compared to the last few months.