Tesla news covering electric vehicles, Cybertruck, Model Y, Full Self-Driving, energy products, earnings, and Tesla's automotive innovations.
This commentary argues that Tesla and Hyundai are pivoting from car manufacturing to robotics, using their automotive supply chains to build humanoid robots at scale. It contends that the factory itself is the core product, with cars being just one output, and that this shift represents a strategic redefinition of the auto industry.
This commentary argues that Tesla's improved automotive performance boosts near-term earnings and funds AI investments, but Robotaxi, FSD, and Optimus remain the primary drivers of stock valuation. It contends that while a stronger car business provides cash flow, it may not trigger a major re-rating given high capital spending and limited Robotaxi expansion.
The US NHTSA denied Tesla's 2024 petition to avoid recalling nearly 20,000 Model 3 and Model Y vehicles with headlights that could exceed legal brightness limits, citing heightened glare risk to other drivers.
Tesla reported record second-quarter deliveries of 480,126 vehicles, beating Wall Street estimates by 18%. Deliveries topped production, signaling improved inventory. Investors will focus on gross margin amid price cuts.
Tesla stock dropped early Thursday even after a preliminary NTSB report cleared Tesla's Full Self Driving of responsibility in a recent Texas crash. The report found no evidence that FSD caused the accident.