Even with shares down 12% this year, Tesla Inc. (NASDAQ:TSLA) still carries an out-of-this-world price-to-earnings ratio of 189x. That's not just lofty—it's meme-level. Tesla's Valuation Is Still From Another Planet For context,

Tesla’s second quarter earnings call comes as Elon Musk’s automaker tries to revitalize EV sales and turn its robotaxis into moneymakers.

Tesla's earnings are due today with an investor call at 5:30 p.m. ET. Elon Musk's politics have rocked TSLA stock, with shares down 18% YTD.

Tesla’s historic decline under Elon Musk has seen the electric vehicle maker ranked as the least trusted EV brand in the US, according to a new survey. Nearly half of the participants in the latest Electric Vehicle Intelligence Report said they did not trust Tesla, while more than a third who said they had a negative perception.

Tesla is no longer the EV king of Europe. After dominating sales charts for years, the American automaker has slipped to second place

While Tesla remains the No. 1 EV manufacturer in the U.S., GM said it has secured the No. 2 position and believes it has an “inherent advantage” with EVs.

The CEO is already eyeing expansion for his Tesla Diner dishing merchandise and food served by Optimus robots.

Tesla has ramped up its incentives ahead of the federal electric vehicle (EV) tax credit’s expiration date on September 30, with some applying to the automaker’s entire new inventory, and others remaining model-specific.