Tesla (TSLA)

Outperform Recap: Q1 2026

Margins Held, Robotaxi Expanded, Cybercab Started — But the Capex Number Just Got 25% Bigger and Free Cash Flow Goes Negative

Outperform Recap: Q4 2025

Margins Snapped Back, Robotaxi Removed Safety Drivers, and Tesla Just Killed the S/X to Build Optimus

Hold Recap: Q3 2025

Robotaxi Crosses 250K Driverless Miles and FCF Hits $4B — But the Q4 Demand Cliff Is Still Coming

Underperform Recap: Q2 2025

Robotaxi Launched, But Musk Just Warned of 'A Few Rough Quarters' as the EV-Credit Cliff Looms

Underperform Recap: Q1 2025

Auto Business Lost Money Ex-Credits; Robotaxi Pitch Now Carrying the Stock