Tesla's market cap fell below $1 trillion, but it still reflects investors' assumptions of enormous future growth.

Tesla shares took a hit Thursday after the company reported a 16% decline in automotive sales and a 12% decline in total revenue for the second quarter compared with one year ago.

The EV maker reported a 16% drop in quarterly net income and said c

The electric vehicle revolution has created massive winners, but the next decade could see a dramatic reversal of fortunes. One overlooked giant is already laying the groundwork.

Tesla shares tumbled in extended trading Wednesday after the EV maker's quarterly results fell short of Wall Street’s expectations and CEO Elon Musk warned of a "few rough quarters" ahead. Monitor these key chart levels.

Opendoor Technologies rose 25% in premarket trading after a social media post by Carvana spotter Eric Jackson. Tesla rose slightly ahead of Wednesday's earnings.

Meanwhile, another artificial intelligence (AI)-powered transportation stock has rocketed higher this year, partly due to its emerging autonomous driving business. Lately, the stock seems to go up when Tesla goes down and vice versa. Is it the ultimate threat to Tesla's autonomous driving ambitions?

Tesla is facing stiffer competition globally from electric vehicle players, especially low-cost competitors from China.

Tesla shares are down in premarket trading Thursday as more disappointing sales data is dragging on the stock along with the lackluster second-quarter earnings report Tesla released after the closing bell on Wednesday.

A new, lower-priced Tesla EV is slated to hit roads in the fourth quarter. It might not be what investors expect.