24/7 Wall Street
22 Oct 2026, 15:51 UTC · 1h ago
Tesla Is Just A Car Company
Impact · against what's priced in
The news is largely noise as the market has already shifted to a bearish stance on Tesla's automotive core and is refusing to price in its autonomous ambitions. The potential SpaceX merger is the only novel element, though it remains speculative.
- TSLA−0.05
Already priced in
- The price assumes
The current, contracting automotive business
Flat revenue of $28 billion and a drop in net income to $800 million reinforce the market's current view of a contracting car business.
What TSLA's price assumes · Aug 25
