Tesla, Inc. (TSLA)
Pre-Market:
| Previous Close | 246.38 |
| Open | 225.40 |
| Bid | 215.32 x 300 |
| Ask | 216.19 x 100 |
| Day's Range | 214.71 - 225.99 |
| 52 Week Range | 138.80 - 278.98 |
| Volume | |
| Avg. Volume | 98,505,593 |
| Market Cap | 690.01B |
| Beta (5Y Monthly) | 2.31 |
| PE Ratio (TTM) | 60.67 |
| EPS (TTM) | 3.56 |
| Earnings Date | Oct 18, 2024 - Oct 28, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 187.56 |
Yahoo FinanceElon Musk thinks there's one real reason to own Tesla stock: Morning Brief
Elon Musk thinks Tesla investors should be in on the company's plans to launch a fleet of self-driving taxis... or out on the stock altogether.
- Yahoo Finance Video
Tesla's robotaxi: Analyst's biggest questions
Tesla (TSLA) released its second quarter results after the closing bell on Tuesday, revealing falling profits for the fourth straight quarter. On the conference call, CEO Elon Musk alluded to its robotaxi initiative, which is scheduled to be unveiled in October. TD Cowen managing director and senior research analyst Jeffrey Osborne joins Morning Brief to give insight into Tesla's efforts to roll out a robotaxi and why he believes it may not be enough to beat competition in the category. "Here we are, five years later, with very little disclosure on what progress they're making other than just beta software releases and sort of the incremental progress that's been made. Now, talking about [Full Self Driving] 12.5 on the call, but what we really need to see is the number of interventions that drivers have per mile or per minute, ideally both to get a sense of what is the technical progress. There's a very controversial approach," says Osborne. He ends with: "Last point I wanted to make that Tesla has relative to peers, where they're only using a camera and the AI computers to solve this problem. Most other car companies around the world are using a suite of sensors coupled with the software. And so, you know, given they've been promising this for five years, it's a bit hard to imagine in my mind that a camera only solution will truly get the company there with the existing fleet of cars, hence why they probably need a purpose-built vehicle that will get more details on October 10 about. " For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
- Yahoo Finance Video
Musk's politics confirm 'worst expectations': Paul Krugman
Tesla (TSLA) CEO Elon Musk has voiced his support for former President Donald Trump who, on the campaign trail, has made comments about rolling back tax credit incentives and policies for electric vehicles, a core point of Tesla's business. New York Times Opinion Columnist and Nobel Laureate Paul Krugman joins Wealth! to give insight into Musk's leadership of Tesla and how his views impact the company and the world. "He's confirmed all the worst expectations. I mean, he's he's well along that sort of conveyor belt from conservatism... to full on QAnon type conspiracy theorist. So it's an amazing thing to watch someone who could afford to finance a personal intelligence operation comparable to that of a medium-sized country, instead buy into random bots, tweeting conspiracy theories on on on his site." When talking about Musk's support for Trump ahead of the 2024 election, Krugman identifies the mindset of tech billionaires to be "a very peculiar set of politics." "They [billionaires] aren't all that rational in their political beliefs. Remember, a lot of people to some extent, Musk included, went gaga over RFK Jr., who is clearly a crank.... I think this really is about Musk's personal hang-ups. A Trump administration would be really bad for Tesla's core business." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
