Tesla ( (TSLA) ) has been popular among investors this week. Here is a recap of the key news on this stock.
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Tesla remained in the spotlight this week largely through developments surrounding CEO Elon Musk and the company’s strategic positioning, rather than any major new product moves. Musk’s public spat with Ryanair CEO Michael O’Leary over the cost and efficiency of installing Starlink in-flight internet underlined how aggressively Musk is trying to expand his wider tech ecosystem, even into aviation. At the same time, Musk’s social media platform X suffered another widespread outage, reinforcing concerns about execution risks across his business empire – a factor many Tesla investors watch closely given how closely the company’s fortunes are tied to Musk’s public image and bandwidth.
On the core auto business, Tesla continued to show exceptional brand strength despite industry headwinds. The company swept several S&P Global Mobility Automotive Loyalty Awards, including “Overall Loyalty to Make” for the fourth straight year and “Highest Conquest Percentage” for the sixth, confirming that Tesla owners tend to stay with the brand and that it keeps pulling buyers away from rivals. Tesla also deepened its tech supply chain by bringing in Samsung to provide 5G modems and AI chips for its vehicles, underscoring the growing importance of connectivity and computing power in its cars. However, regulatory and competitive pressures remain intense: U.S. safety regulators extended Tesla’s deadline to respond to a sweeping probe into the safety of its Full Self-Driving system, while global deliveries have declined for a second year as Chinese rival BYD overtakes Tesla in all‑electric sales. Against this mixed backdrop, Wall Street analysts maintain a Hold consensus on Tesla shares, with the average TSLA price target around $394 implying roughly 10–11% downside from current levels, signaling expectations of slower growth and higher risk even as the brand remains one of the strongest in the EV market.