Tesla stock slides 10% after company reports mixed Q2 results, says 'affordable' EVs on track for 2025 debut

after the bell on Tuesday, though the EV maker did say it was on track for production of new vehicles, likely a cheaper EV, in the first half of 2025. Tesla also said its growth rate in 2024 would be "notably lower" than what it achieved in 2023.

“Addressing the delay in Robotaxi Day and the new timing will be important to hear on the conference call as we believe a linchpin to Tesla reaching $1 trillion+ valuation and ultimately higher over the next year is contingent on the AI/FSD story materializing into a monetization path over the coming years,” Wedbush analyst Dan Ives wrote in a note published on Monday.

Morgan Stanley’s Adam Jonas dubbed Tesla’s Q2 energy deployment storage figure a “show stealer,” noting the 9.4 GWh deployed was double the firm’s forecast. Increasing Humanization of Pets, Treating Them as Family Members, is a Significant Growth Driver for the Pet Travel Service Market, Fueling Demand for Specialized & Enhanced Travel Experiences; says TNR, The Niche Research

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Tesla shares could swing 10% either way after earnings, options showEV maker appears poised for big moves by Friday
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Tesla shares could swing 10% either way after earnings, options showTraders in the options market expect Tesla shares to swing by nearly 10% in either direction by Friday, options data showed. With Tesla market cap at around...
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