Elon Musk is buying up Tesla shares as he looks to strengthen his control over the EV maker. Tesla's share price rose more than 6% in premarket trading on Monday after CEO Musk disclosed the purchase of nearly $1 billion worth of the company's stock.This is a breaking news story. Check back for updates. ...

Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023.Tesla shares jumped after CEO Elon Musk disclosed his first purchase of the stock in the open market since February 2020.Musk purchased 2.57 million shares at various prices Friday which tallies up to about $1 billion, a significant insider purchase traders took as a vote of confidence from the outspoken CEO.Tesla shares were higher by 6% in premarket trading Mond ...

The Future Fund LLC's managing director, Gary Black, thinks that Elon Musk's ambitious goal to remove the onboard safety monitor on all Tesla Inc. TSLA Robotaxis by the end of the year is the main catalyst for the company's stock amid proposed regulatory ease.Scaling Tesla's Robotaxi OperationsTaking to the social media platform X on Sunday, the investor shared his insights into the recent stock surge experienced by the EV giant following news that the company would beat analysts’ delivery expectations for ...

Key Points Oracle’s cloud investments are paying off big time. Oracle has set clear five-year expectations. If it delivers, it’s reasonable to assume the stock could more than double from here. 10 stocks we like better than Oracle › Oracle (NYSE: ORCL) surged a mind-numbing 36% on Wednesday to close the session at a market cap of $922 billion. Five years ago, Oracle's market cap was under $200 billion. Now, there's reason to believe it can surpass $2 trillion by 2030. If that prediction comes tru ...

Tesla stock has been on a tear lately. Wedbush analyst Dan Ives thinks it comes down to Elon Musk and his plans to make Tesla an AI leader. ...

Tesla Inc.'s TSLA Gigafactory near Berlin in Germany has said that it would adjust its production figures, anticipating a surge in demand during the third and fourth quarters of the year.Check out the current price of TSLA stock here.Strong Sales FiguresThe news was shared by Tesla's head of production in Germany, André Thierig, on Sunday outside the Gigafactory in Grünheide outside Berlin in a statement to local news agency Deutsche Presse-Agentur (DPA), cited by Reuters. "We currently have very good sales ...

Duquesne Family Office's billionaire boss bid adieu to a "magnificent" stock and absolutely gobbled up shares of what had been a remarkably cheap media company.For a lot of investors, earnings season is the pinnacle of each quarter. The six-week period where a majority of S&P 500 businesses report their operating results gives investors invaluable information on the health of the U.S. economy.But earnings season isn't the only important data dump of the quarter. Aug. 14 marked the deadline for institutional ...

Gerber Kawasaki's co-founder, Ross Gerber, has stated that Tesla Inc.'s TSLA surge in value may be temporary, as the EV giant's sales figures surpass analyst estimates.Check out the current price of TSLA stock here.Tesla's ‘Good Sales News Will End In 2 Weeks,' Says Ross GerberTaking to the social media platform X on Sunday, Gerber shared his thoughts on Tesla's stock surge. "Demand pull forward might be viewed as good from those who want to believe," Gerber said. However, the investor then said that the su ...

Wedbush Securities' investor and Tesla Inc. TSLA bull Dan Ives has predicted a $1 trillion market opportunity for the Elon Musk-led EV giant's robotics and autonomous push.Elon Musk Is In ‘Wartime CEO' Mode, Says Dan IvesIn a new investor's note shared on the social media platform X on Sunday by influencer Sawyer Merritt, Ives outlined his thoughts on Tesla and its roadmap to the future and Tesla's Robotaxi expansion into other cities across the U.S. He also reiterated that Musk is in a "Wartime CEO" mode, ...

Core Insights - Tesla's stock has rebounded as investors focus on its AI ambitions alongside its electric vehicle business, particularly the commercialization of an autonomous ride-hailing network called Robotaxi [1][5] - The debate continues regarding Tesla's vision-only approach to autonomy without LIDAR, questioning its scalability and effectiveness compared to sensor-heavy alternatives [2][10] Financial Performance - In Q2 2025, Tesla's operating income fell 42% year-over-year to approximately $0.9 billion, with a 4.1% operating margin due to pricing pressure and mix affecting automotive profitability [4] - Tesla produced over 410,000 vehicles and delivered more than 384,000 vehicles in the same quarter, while energy storage deployments reached 9.6 GWh, indicating growth in this segment [4] Autonomy Strategy - Tesla's long-term investment thesis is heavily reliant on achieving autonomy, which could significantly alter its earnings profile by layering higher-margin software revenue on a large fleet [6][13] - CEO Elon Musk emphasizes that Tesla's vision approach mirrors human driving, using cameras and AI instead of LIDAR, which simplifies hardware and reduces costs [8][10] Market Position and Future Outlook - The success of Tesla's vision-only system hinges on its ability to handle edge cases and prove safer than human driving, with investors needing to monitor software adoption and regulatory approvals closely [11][12] - The company's strategy could lead to faster deployment and improved unit economics if it meets safety standards, but it raises expectations for software progress and real-world validation [14][15]