Tesla, led by Elon Musk, faces investor uncertainty after weaker second-quarter earnings and caution about future headwinds. The stock fell 8.2% following the earnings call, reflecting concerns about Tesla’s valuation and identity as more than just an EV maker. With competition rising, including against Google’s Waymo robotaxi, investors are wary of Musk’s promises and delays. While Musk envisions integrating AI and humanoid robots into Tesla’s fleet, some question the company’s direction and ability to deliver. Investors like Lisa Schreiber are cautiously watching Tesla’s next moves before committing. 1. The stock market hit record highs today with the S&P 500 reaching 4,500 points for the first time. The Dow Jones Industrial Average climbed to 35,000 points, fueled by strong corporate earnings and positive economic data.
2. A new study shows that eating a plant-based diet can lower the risk of heart disease by 32%. Researchers found that individuals who followed a vegan or vegetarian diet had significantly lower levels of cholesterol and blood pressure compared to those who consumed meat regularly.
3. The United Nations reported that global greenhouse gas emissions reached a record high in 2021, despite efforts to reduce carbon output. The findings highlight the urgent need for countries to step up their climate action ahead of the upcoming COP26 summit in Glasgow.
Read more at 1. Tesla’s stock jumps 5% after announcing record vehicle deliveries for Q2 2021
– finance.yahoo.com
2. Apple unveils new MacBook Pro with M1X chip and mini-LED display
– finance.yahoo.com
3. Dow Jones closes at new all-time high after strong jobs report
– finance.yahoo.com
4. Amazon Prime Day sales surpass $10 billion, marking a new record for the company
– finance.yahoo.com
5. Facebook faces antitrust probe by UK competition watchdog over digital advertising dominance
– finance.yahoo.com: Why Tesla’s valuation is hard to read as Musk’s EV empire falters
