Tesla Stock Rises to End Good Week. Thank the Usual Suspects.
Tesla shares rose modestly, helping the stock try to end a three-week losing streak after a sharp post-earnings selloff. The move was driven less by fundamentals than by continued retail investor support, with JPMorgan estimating $372 million of new retail inflows over the five trading days through Wednesday, versus $121 million in the prior five-day period. Despite weak second-quarter earnings—operating profit of about $400 million versus Wall Street expectations near $1.7 billion—and limited new detail on AI initiatives, retail traders kept buying. The article also notes Tesla’s robotaxi rollout in Austin remains slow and that European approval for Full Self-Driving could open a new revenue stream. Broader market futures were slightly higher, but Tesla’s near-term price action appears mainly tied to sentiment, retail flows, and expectations around autonomy rather than current operating performance.