*By Conor White*
The positive [news](https://cheddar.com/videos/tesla-stock-surges-after-q2-earnings-report) in Tesla's second quarter earnings report outweighed the negatives for most investors, sending shares up more than 12 percent to their highest level in a month.
The electric carmaker announced that Model 3 production is up, but it posted losses of more than $700 million.
Some analysts have fundamental doubts about Tesla's future.
"It's a story stock," said Mark Spiegel, managing member at Stanphyl Capital. "What you have here are: bulls who couldn't care less about balance sheets or profit and loss statements; and you've got bears, or as I would call them, realists, who care a lot about that kind of stuff."
Spiegel counts himself in the latter group. He said in an interview Thursday on Cheddar that Tesla didn't do nearly enough to assuage fears about its future ー and that doesn't even account for all the other car companies eager for a bigger slice of the electric vehicle industry.
"There's a massive amount of competition coming for this company," Speigel said. "Between the Jaguar that's out now and the Audi, Mercedes, and Porsche coming out next year, it's going to destroy Model S and X sales, and that's where \[Tesla's\] margin isーwhatever margin they have."
And even though [outspoken](https://cheddar.com/videos/will-elon-musk-behave-on-this-weeks-earnings-call) CEO Elon Musk behaved on this conference call, there's no telling what he will do next.
After reaching its production goal of 5,000 Model 3 cars per week, Tesla reports it now wants to churn out 10,000 per week, "as fast as we can."
Spiegel dismissed those numbers ー and Tesla more generally.
"They're a perennial over-promiser and under-deliverer," he said.
"The reason they keep putting out these aggressive numbers is it supports the stock, which is an absurd valuation. If Tesla were a normal car company losing this much money, the stock would be in the low single digits."
For more on this story, [click here](https://cheddar.com/videos/tesla-announces-biggest-loss-ever-but-shares-rally).
Facebook is planning on launching a dating feature, fueling more competition in the online dating world. Sarah Jones Simmer, Chief Operating Officer at female-focused dating app Bumble, tells Cheddar that competition validates the industry and rids the stigma of online dating.
Public-radio platforms PRX and PRI are merging to capitalize on the growing appetite for podcasts. Kerri Hoffman, the CEO of Public Radio Exchange, tells Cheddar she wants the work of her producers to be heard."There are lots of podcasts," she said. "It's really important that we create lily pads along the way that help people get more successful."
Amazon's reported interest in Landmark Theaters may not only be about about showing the streaming giant's films, says Larry Dignan, editor-in-chief of ZDNet. It's likely a retail play by Amazon, the e-commerce giant, he says. "Remember, whatever Amazon does has everything to do with Prime subscriptions."
The outspoken CEO of Tesla told The New York Times, "this past year has been the most difficult and painful year of my career." In a revealing, hour-long interview Thursday, Musk choked up several times describing his struggles leading the electric-car company.
Janet Comenos, the CEO of celebrity marketing company, Spotted sat down with Cheddar anchors to discuss the rise in "disgrace insurance," the cost to protect brands from scandals surrounding celebrity endorsers -- something prompted by Harvey Weinstein and the #MeToo movement.
Citron Research's Andrew Left raised his price target on Twitter to $52 a share this week, more than 60 percent higher than where the stock closed Thursday. The long-time short seller, who earlier this year said the social media platform was more susceptible to regulation than its competition, is less concerned by privacy issues now and applauded CEO Jack Dorsey's efforts in video.
The SEC is reportedly moving forward with its investigation into Tesla and outspoken CEO Elon Musk. Laura Unger, former chair of the SEC, told Cheddar she suspects Musk hadn't truly secured funding to take the company private when he tweeted that he had. "I do think he's probably wishing right now that he's the CEO of a private company," she said.
The gaming headset maker Turtle Beach smashed revenue expectations in the second quarter, earning $60.8 million ー up from $19.1 million the year before. To build on growing sales in the console market, CEO Juergen Stark says Turtle Beach is introducing a new headset built for PC gamers.
Avis, the car-rental company, has a fleet of 100,000 connected vehicles and new partnerships with Airbnb, Lyft, and Waymo, the self-driving car company owned by Alphabet. It's part of a strategy to provide "mobility on demand for the global traveler," says Arthur Orduna, Avis's chief innovation officer.
In a converted Brooklyn warehouse, dozens of developers are the next internet of apps on the Ethereum network. Their work may be the foundation of all future transactions, says Joseph Lubin, the billionaire Ethereum co-founder behind the incubator Consensys. Cheddar went behind the scenes with Lubin to see how the future of the internet is being built on blockchain technology.
