TSLA's $250 million Berlin expansion boosts battery output, adds 1,500 jobs and supports plans to raise EV production in Europe.
Tesla stock (TSLA) traded choppily on Thursday as investors continued to focus on the company's autonomous driving ambitions in China and the potential for broader artificial intelligence monetization. The stock briefly rose early in the session before turning slightly negative.
After gaining momentum and soaring nearly 30% between early April and press time on May 14, Tesla (NASDAQ: TSLA) appears poised to fully erase previous losses and fully catch up with the performance of the wider S&P500.
Tesla Inc (NASDAQ:TSLA) had its price target raised modestly by UBS to $364 from $352, as the bank said the electric vehicle maker's first-quarter update further highlighted its transition toward becoming a “physical AI company,” while maintaining a ‘Neutral' rating on the stock. Shares of Tesla traded hands at $445 on Wednesday afternoon, roughly flat in the year-to-date.
Wedbush Securities analyst Dan Ives is calling President Donald Trump's summit with Chinese President Xi Jinping a defining inflection point for the artificial intelligence revolution, as the two leaders prepare for two days of high-stakes talks in Beijing on Thursday and Friday. Trump arrived in Beijing on Wednesday accompanied by a roster of America's most powerful corporate executives, including Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) CEO Jensen Huang, Tesla Inc (NASDAQ:TSLA) CEO Elon Musk, and outgoing Apple Inc (NASDAQ:AAPL, XETRA:APC) CEO Tim Cook.
Lumpy quarterly deployments weigh on TSLA's energy storage volumes, but management expects full-year growth and long-term momentum to be strong.
A key part of President Donald Trump's visit to China this week is his effort to bring along with him at least 17 executives from prominent U.S. companies. Here's what it means for them.
Shares of Tesla (TSLA) rebounded sharply on Wednesday, climbing around 3% as investors quickly moved past the previous session's selloff and refocused on the company's autonomous driving ambitions. The recovery followed Tuesday's roughly 3% decline and extended a broader rally that has lifted Tesla shares nearly 10% over the past week.
Tesla, Inc. faces significant downside risk despite a recent Q1 rally, as core business issues persist and upside appears limited. Q1 results benefited from $900M FX tailwinds and one-time items; underlying margins compressed and inventory build-up signals demand weakness. CapEx is set to triple to $25B in 2026, turning TSLA free cash flow negative for a multi-year investment cycle, with questionable ROI from non-core bets.
Technology stocks wait in a confusing environment.
President Trump is trying to drum up business for Tesla, and other American companies, in China this week.
Shares of Tesla (NASDAQ:TSLA | TSLA Price Prediction) are down roughly 5% intraday on Tuesday, trading near $423 and change after closing at $445 on Monday.