SpaceX (SPCX) has landed. The hunt for proxy stocks is still in play.
Tesla (NASDAQ:TSLA | TSLA Price Prediction) and BYD (OTC:BYDDF) sit at opposite ends of the electric vehicle capital cycle.
Tesla delivered a record 480,126 vehicles in Q2, up 25% year-over-year, surpassing consensus estimates and signaling robust Model 3 and Model Y demand. The EPS estimate revision trend is slightly positive, and Tesla has considerable margin surprise potential on July 22, 2026. I upgrade shares to 'Strong Buy', emphasizing Tesla's dominant U.S. EV market position, strong delivery rebound, attractive risk profile, and recent expansion of robotaxis to Miami.
Tesla has started production of a three-row, six-seat Model Y in Texas.
In contrast to most other recent Wall Street analyst notes, RBC Capital's Tom Narayan upgraded his outlook for Elon Musk's electric vehicle (EV) company, Tesla (NASDAQ: TSLA), on July 7.
Tesla stock (NASDAQ: TSLA) remained under pressure as Wall Street debated whether a future tie-up with SpaceX could reshape the company's valuation story. TSLA closed around $402.90, down over 4% on Tuesday and was red in pre-market trading on Wednesday.
Tesla (TSLA) closed at $402.9 in the latest trading session, marking a -4.02% move from the prior day.
The long-wheelbase Model Y L adds a usable third row with a negligible range penalty, but its $61,990 Launch Series price undercuts no one.
Some on Wall Street see an increasing likelihood that Elon Musk's two biggest companies will combine.
The headline number cuts through the noise around Tesla (NASDAQ:TSLA | TSLA Price Prediction) faster than any product roadmap can.
Tesla ( NASDAQ:TSLA | TSLA Price Prediction ) keeps proving that investors can become fixated on the wrong metric.
Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.