Key Takeaways Tesla stock trades at a high valuation, making future growth and innovation critical to justify its price.Declining vehicle deliveries and politic

Tesla's Q2 results bad for high exposure ETFs. TSLA stock recovers, others dip. Risk in funds with Tesla: TESL, XLY, NITE, FDIS, VCR. Sales lag, Musk's moonshots may not save reputation.

Tesla, Inc.'s Q2 results disappoint with a sales drop, but Model Y sales in China and EV leadership signal potential to rebound. Click for my TSLA earnings update.

Both Elon Musk's Tesla (TSLA) and Alphabet (GOOGL) released second-quarter earnings after the close on Wednesday, and traders are treating them much the same. Alphabet stock has lost 1.6% at the time of writing, while TSLA has given up 1.0%.

Bank of America analysts raise Tesla's price target to $341 from $305, citing confidence in Elon Musk's FSD ambitions amid lackluster sales.

Discover how the autonomous vehicle market could reshape mobility. Explore Tesla, Inc.'s bold vision vs. Alphabet Inc. progress. Click for more on TSLA and GOOGL.

Historically, bitcoin has traded similarly to U.S. tech stocks. Both tend to do well when investors adopt a "risk-on" attitude and look for high-growth investments. But U.S. investment analyst Bret Kenwell said bitcoin can sometimes be a leading indicator for tech stocks and other risk-on assets,

Tesla is slated to report second-quarter results after the market closes on Wednesday, after deliveries fell short of estimates earlier this month.

These massive stocks generally have higher valuations. The top 10 stocks have an average price-to-earnings ratio of about 26 times, compared to 20 times for the rest of the S&P 500, said Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management.