Tesla ( (TSLA) ) has been popular among investors this week. Here is a recap of the key news on this stock.
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Trade TSLA with leverageTesla is pushing deeper into the energy business while navigating fresh legal and market crosscurrents, developments that are closely watched by TSLA investors. In Texas, the company has launched its Powershare Grid Support program, allowing invited Cybertruck owners with specific home backup hardware to feed power back into the grid during peak demand in CenterPoint and Oncor territories. Participants receive bill credits, turning their vehicles into revenue-generating assets and strengthening Tesla’s position as a grid services provider, with plans to expand the program to California. At the same time, Wall Street remains cautious: TSLA currently holds a Hold consensus rating, with analysts’ average price target of about $393 per share implying modest downside from current levels after a nearly 10% gain over the past year.
Legal issues and international performance are adding further complexity to the Tesla story. A U.S. judge has allowed a copyright lawsuit by Alcon Entertainment to proceed, alleging Tesla misused Blade Runner 2049 imagery to promote its autonomous “cybercab,” though the court has yet to decide whether the use is protected as fair use. Despite rising competition and reduced subsidies, Tesla’s deliveries from its Shanghai Gigafactory rose 9% year over year in January, indicating it is still gaining share in a slowing Chinese EV market.
Separately, Tesla is signaling major ambitions in solar manufacturing that could reshape its long-term earnings profile beyond cars. The company is evaluating multiple U.S. sites—including expansion of its Buffalo, New York facility and potential plants in other parts of New York, Arizona, and Idaho—as it targets an eye‑catching 100 gigawatts of solar cell production annually to power data centers and future AI-focused infrastructure. That scale would dwarf current U.S. leader First Solar and position Tesla as a dominant domestic solar producer, a strategy that aligns with U.S. tariffs favoring local manufacturing. Musk has also floated the idea of space-based, solar-powered AI satellites and is sending teams to Chinese solar firms to study advanced technologies, underscoring a broad pivot toward energy and AI infrastructure that could become a key driver for TSLA over the coming decade.