*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).
The internet's largest platform and distributor of GIFs helps brands carve out a relevant place in online conversations, says the Giphy COO Adam Leibsohn. The company's goal is to help brands such as Absolut Vodka and Dunkin' Donuts "entertain, not advertise," he says.
Without its own supplies of fossil fuels, it makes economic and environmental sense for Hawaii to develop its own renewable sources of energy, says Connie Lau, president and CEO of Hawaiian Electric Industries and chairman of Hawaiian Electric Company. To do so, the state can use its natural advantages in solar and wind, she says.
Hawaii aims to be completely reliant on renewable sources of energy by 2045, says Connie Lau, president and CEO of Hawaiian Electric Industries and chairman of Hawaiian Electric Company. To do so, she said the state can use its natural advantages in solar and wind.
"The market is going to be looking at Tesla more and more as a car company," says The Motley Fool's Jason Moser. "And if that's the case, they better get some earnings in very quickly or you could see that stock get shellacked here in the near term."
The CEO of video app Cameo, Steve Galanis, said he created his platform because "selfies are the new autographs." For the right price, users can get a video shout-out from celebrities – actress Bella Thorne and NFL Hall of Famer Terrell Owens, to name a couple.
Facebook said Friday that it won’t partner with the crypto firm Stellar, despite a report that the two companies recently held talks. Just before the report, Facebook vice president of blockchain David Marcus stepped down from the board of Coinbase, citing a conflict of interest.
How Tesla CEO Elon Musk's plan to take the company private unfolds will depend on his financial backer ー or backers ー says Christian Prenzler, vice president of business development at Teslarati."Traditionally, Musk has had no problem selling these things to investors," Prenzler says.
Tesla's board of directors will reportedly hold a meeting next week with investors to discuss the possibility of taking the company private. The board may urge CEO Elon Musk to recuse himself from the talks.
Samsung showed off its new Galaxy Note 9 smartphone at its Samsung Unpacked event in New York Thursday. The Note 9 comes equipped with double the storage of any other smartphone on the market and a camera that automatically tells you if the picture is blurry.
And we're joined by actor Luke Evans, who is lending his voice to a new audio experience from Stella Artois. He talks about how he stays in the moment and cherishes his 'me time.'
Samsung's most powerful smartphone to date, the Galaxy Note 9, has a day-long battery life and a Bluetooth-enabled stylus that works like a remote control. Cheddar's Hope King demos the new phone and discusses its other features.
Crypto-bandits are imitating celebrities and CEOs on social media, trying to steal Bitcoin and other cryptocurrencies. Vinny Lingham, co-founder and CEO of Civic, and Charlie Shrem, a founder of the Bitcoin Foundation, told Cheddar about their experiences with scammers.
