{"id":2964,"date":"2026-07-08T16:43:46","date_gmt":"2026-07-08T16:43:46","guid":{"rendered":"https:\/\/retrotradingreport.com\/index.php\/2026\/07\/08\/why-tesla-stock-is-down-around-2-today\/"},"modified":"2026-07-08T16:43:46","modified_gmt":"2026-07-08T16:43:46","slug":"why-tesla-stock-is-down-around-2-today","status":"publish","type":"post","link":"https:\/\/retrotradingreport.com\/index.php\/2026\/07\/08\/why-tesla-stock-is-down-around-2-today\/","title":{"rendered":"Why Tesla stock is down around 2% today"},"content":{"rendered":"
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Tesla stock (TSLA) fell on Wednesday as investors continued to look past the electric-vehicle maker’s core automotive business and instead focused on the company’s long-term artificial intelligence ambitions.<\/p>\n

Shares were down 2.2% at $393.91 in midday trading after falling 4% on Tuesday. <\/p>\n

The S&P 500 declined 0.8%, while the Dow Jones Industrial Average lost 1.5%.<\/p>\n

AI remains the primary focus for investors<\/h2>\n

Despite reporting stronger-than-expected second-quarter deliveries earlier this month, Tesla’s shares have remained under pressure. <\/p>\n

The company recently reported stronger-than-expected second-quarter deliveries, selling about 480,000 vehicles worldwide, roughly 70,000 more than Wall Street had projected and 25% higher than a year earlier.<\/p>\n

Even so, Tesla shares have declined since the delivery report and remain down about 10% for the year.<\/p>\n

Investors continue to place greater emphasis on Tesla’s long-term AI strategy, particularly the expansion of its robotaxi network and development of its Optimus humanoid robot.<\/p>\n

Tesla launched its AI-trained robotaxi service in Austin about a year ago and now operates across three states<\/a>. <\/p>\n

Investors are waiting for the autonomous ride-hailing business to begin generating meaningful revenue and earnings.<\/p>\n

The company is also developing the third generation of its Optimus humanoid robot, another project viewed as central to Tesla’s long-term growth story.<\/p>\n

For many investors, progress in robotaxis and robotics is expected to have a greater impact on Tesla’s valuation than incremental improvements in vehicle sales.<\/p>\n

JPMorgan weighs potential SpaceX merger<\/h2>\n

Separately, JPMorgan analyst Rajat Gupta said on Tuesday <\/a>that a potential merger between Tesla and SpaceX appears “strategically coherent on paper” but would face significant regulatory and governance challenges.<\/p>\n

According to Gupta, combining the two Elon Musk-led companies would unify leadership across businesses spanning artificial intelligence, robotics, transportation, energy, and space, while leveraging shared assets such as the Terafab semiconductor facility.<\/p>\n

The analyst noted that SpaceX recently completed a record initial public offering that raised approximately $85 billion at $135 per share, valuing the company at around $2 trillion. Tesla’s market capitalization is approximately $1.25 trillion.<\/p>\n

Gupta said SpaceX’s public listing provides valuable acquisition currency but identified several obstacles to any potential transaction.<\/p>\n

He cited China as a major regulatory challenge because of SpaceX’s US government and defense contracts alongside Tesla’s extensive manufacturing operations in the country.<\/p>\n

The analyst also highlighted governance concerns, noting that Musk controls roughly 85% of SpaceX’s voting power but about 20% of Tesla’s, potentially complicating any merger and raising dilution concerns for Tesla shareholders.<\/p>\n

Gupta added that the size difference between the two companies could make the transaction resemble a SpaceX acquisition of Tesla rather than a merger of equals.<\/p>\n

Even without a formal combination, the analyst said operational ties between the companies are already extensive through shared engineering talent, artificial intelligence infrastructure, and the Terafab facility in Texas. <\/p>\n

The post Why Tesla stock is down around 2% today<\/a> appeared first on Invezz<\/a><\/p>\n

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Tesla stock (TSLA) fell on Wednesday as investors continued to look past the electric-vehicle maker’s core automotive business and instead focused on the company’s long-term artificial intelligence ambitions.Shares were down 2.2% at $393.91 in midday trading after falling 4% on Tuesday. The S&P 500 declined 0.8%, while the Dow Jones Industrial Average lost 1.5%.AI remains…<\/p>\n","protected":false},"author":1,"featured_media":2965,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/2964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/comments?post=2964"}],"version-history":[{"count":0,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/2964\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media\/2965"}],"wp:attachment":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media?parent=2964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/categories?post=2964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/tags?post=2964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}