Tesla Approaches 10 Billion Full Self-Driving Miles Milestone
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Should l Buy TSLA?
Source: seekingalpha
- Milestone Achievement: Tesla (TSLA) is nearing the milestone of 10 billion full self-driving miles, reinforcing its lead in autonomy, although the FSD system still requires driver attention, indicating a transitional phase in autonomous driving.
- Capex Concerns: Morgan Stanley analyst Andrew Percoco highlighted that Tesla's capital expenditures are projected to reach $20.7 billion in 2026, aligning with the company's guidance but raising concerns as free cash flow turns negative, necessitating clearer evidence of unsupervised autonomy to support stock valuation.
- Robotaxi Operations: Tesla's current robotaxi activities in Austin are still small-scale and moving towards less supervised driving, but not yet considered a broad commercial rollout, with initial production of CyberCab expected to begin this month, indicating gradual progress in autonomous vehicle deployment.
- Earnings Report Anticipation: Tesla is set to report Q1 earnings on April 22 after market close, with investors keenly awaiting insights on the latest developments regarding robotaxi and CyberCab rollouts during the earnings conference call, which could influence market sentiment significantly.
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Analyst Views on TSLA
Wall Street analysts forecast TSLA stock price to rise
30 Analyst Rating
12 Buy
11 Hold
7 Sell
Hold
Current: 391.950
Low
25.28
Averages
401.93
High
600.00
Current: 391.950
Low
25.28
Averages
401.93
High
600.00
About TSLA
Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. Its segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty maintenance services and collisions, part sales, paid supercharging, insurance services revenue and retail merchandise sales. The energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. Its lithium-ion battery energy storage products include Powerwall and Megapack.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- New Model Exploration: Tesla is reportedly exploring the development of a new SUV priced below the Model Y, which, if realized, could open the door to the mass market and significantly boost sales and market share.
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- Increased Competitive Pressure: With competitors like BYD gaining market share in Europe, Tesla's plan to introduce a budget-friendly SUV could be a crucial factor in maintaining its competitive edge and solidifying its leadership position in the electric vehicle industry.
See More
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See More
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See More
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- Rising Revenue from High-Performance Computing: The high-performance computing segment accounted for 61% of TSMC's total revenue in Q1, up from 55% in the previous quarter, highlighting the company's strengthened position in the AI market, despite an 11% decline in smartphone revenue.
- ASML Delivery Expectations: ASML anticipates delivering 80 low numerical aperture EUV machines in 2027, a figure that fell short of market expectations for 90 units, leading to a 3% drop in stock price following the earnings report.
- Increased Capital Expenditure Plans: TSMC expects capital expenditures to reach $52-$56 billion in 2026, significantly up from $40.5 billion in 2025, demonstrating the company's commitment to expanding advanced chip manufacturing capacity, although the market remains cautious about achieving its targeted 30% annual growth.
See More
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- Revenue Structure Shift: The high-performance computing segment accounted for 61% of TSMC's overall revenue in Q1, up from 55% in the previous quarter, despite an 11% decline in smartphone revenue, highlighting market demand diversity and challenges.
- Cautious ASML Outlook: ASML raised its forward guidance and reported strong Q1 results, but its stock declined due to concerns over shrinking sales to China, reflecting investor caution regarding future growth prospects.
- Capital Expenditure Plans: TSMC expects capital expenditures to reach $52-$56 billion in 2026, significantly up from $40.5 billion in 2025, indicating the company's commitment to expanding advanced chip manufacturing capabilities, but also raising concerns about its ability to scale capacity quickly.
See More
