🎧 Tesla Daily Podcast
📝 Today’s Tesla News Summary
Q2 Earnings Miss: Tesla reported EPS of 33 cents, missing consensus by 34%. Operating margin collapsed, but revenue beat at $28.24B (+9.4% YoY).
Record Deliveries: Q2 vehicle deliveries reached 480,126 units (+25% YoY), driven by FSD adoption.
Cash Flow Concerns: Free cash flow turned negative as capex more than doubled. Management guides $25B+ capex for 2026.
Margin Pressure: Average selling price declined, gross margins fell, and adjusted EPS dropped 18%.
Market Share: U.S. EV market share at 43.9% (down from ~80% in 2019), facing BYD competition.
Future Tech Investment: Robotaxi and humanoid robot development continues. Megapack 3 production on track for Megafactory Texas.
Valuation: Wall Street avg price target $400.59; some warn of $100 if Nasdaq enters bear market.