*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).
Google's video streaming platform is jumping into the music space with personalized playlists, a new, dedicated app and desktop player, and song downloads.
The affordable TV streaming service is testing out new features that will "make TV a much more social experience," says CEO Andrew McCollum.
Senators voted Wednesday to override the FCC's repeal of net neutrality rules, keeping the internet free and open...for now. The resolution now heads to the House, where it is still 57 votes short of passing.
The Democrat from Rhode Island said doing away with the internet regulations would give large service providers too much power over the content that people see. The Senate on Wednesday voted to reinstate the Obama-era legislation, sending the bill to House, where it's expected to be shot down.
The social media company is using A.I. to make content on its site more accessible and connect people with disabilities to helpful communities.
"We are working on making it possible for essentially anybody to connect with anybody," says Matt King, an engineer at Facebook who lost his sight in college. He is also a three-time Paralympian and a record-breaking tandem cyclist.
Facebook's accessibility efforts are part of a wider commitment from tech companies, including Microsoft and Apple, to make their products easier to use.
A planned summit between North Korean leader Kim Jong Un and President Donald Trump is in jeopardy. In a statement this morning, North Korea's foreign minister said the country has no interest in a "one-sided discussion" on its nuclear program. On Tuesday, North Korea also canceled planned talks with South Korea.
Starting today, Amazon Prime members will receive exclusive discounts at Whole Foods. Customers will now get 10% off hundreds of sale items in stores and will also get access to rotating weekly specials. The perks are only available in Florida as of today but will be rolled out nationwide starting this summer.
Chris Carter and James Peisker, co-founders of Porter Road, join us to talk about their expansion into the digital landscape. Porter Road is a whole animal butcher shop based in Nashville, but the founders recently decided to take their business online.
Rather than making the difficult decision to delete offensive tweets, the social media platform is tweaking its algorithm to suppress negative tweets based on how often the account has been flagged or muted by other users. Digiday's Kerry Flynn says the move plays into the company's strategy to promote "healthy" conversations.
The company, which is known for creating streaming hardware devices, has shifted gears to focus on growing its streaming services business. That unit, which generated more revenue than hardware for the first time in the latest quarter, now has 21 million active accounts.
More companies are offering TV streaming options, known as over-the-top (OTT), as viewership and ad dollars shift away from traditional cable TV. "There are just different audiences who want to interact with video and entertainment in different ways," said Richard Au, U.S. director of Amazon's over-the-top TV service.
The cryptocurrency trading platform launched four new products Tuesday, including a secure storage space for crypto assets. Eric Scro, Coinbase's vice president of finance, told Cheddar what was behind the launch.
