Tesla Inc (TSLA · NASDAQ)

Tesla shares sit at $354.11, down 10.1% over three months and 27.7% below their 52-week high, with analysts projecting third-quarter global deliveries of roughly 463,761 units, a 7% year-over-year decline on weakening U.S. demand and competition. The company began high-volume Semi production six years behind schedule at a new Nevada plant rated for up to 50,000 trucks annually, while a workplace discrimination case is drawing attention to leadership and culture issues. Financially, the June quarter showed revenue of $28.24B (up 25.5% YoY) but operating income compressed to $398.0M from $1.62B a year prior, and free cash flow turned negative at -$1.09B as capex of $5.79B exceeded operating cash flow of $4.70B. Valuation remains demanding at a P/E of 325.51 and EV/EBITDA of 122.54 against a 1.4% operating margin, though the balance sheet stays solid with $15.22B in cash against $9.34B in total debt.