• TSLA dropped ~18% after mixed Q2 results. Traders shifted focus from delivery growth to profit risks tied to Tesla’s planned heavy spending on AI, Robotaxi, Optimus and factory expansion.
  • Analyst Gordon Johnson estimates Tesla FSD annual revenue at ~$1.8B based on disclosed users and says the market values FSD near $350B — about 200× his revenue estimate.
  • TSLA expands AI hardware: deploying Megapod systems, developing AI5 and AI6 chips (AI5 to support Optimus), and ordering equipment for an Austin fab to add masks, memory, packaging, testing.
  • Short sellers booked about $9.1 billion in year-to-date mark-to-market gains on Tesla (TSLA) shorts, the largest unrealized short profits reported so far this year.
  • TSLA added voice control in its 2026 Summer Update: climate, calls, music, glovebox and vehicle queries via Grok, a cabin assistant separate from Full Self-Driving.