*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).
FAANG stocks (Facebook, Amazon, Apple, Netflix, and Google) are taking over old-school media companies, growing "at a rate that no one thought was possible," says Lorne Brown, the CEO of the ad tech firm Operative. To keep up, traditional media outlets should consider "comingling" with the newcomers, says Brown.
Since customers now have so much at their fingertips, "we need to weed through everything," says Jenny Fleiss, CEO of Code Eight, a personal shopping start-up owned by Walmart. Fleiss was also the co-founder of fashion-tech company Rent the Runway.
Amazon is betting big on AR/VR and its plans do not include any headsets or devices. PCMag's Rob Marvin joins Cheddar to discuss his exclusive look at the upcoming company's development platform, Sumerian.
The giant e-commerce site has launched Sumerian, an easy-to-use platform that lets users build AR and VR apps, explains Rob Marvin, PCMag Associate Features Editor
Netflix stock is surging after the company reported first-quarter earnings, disclosing that the company added 7.4 million subscribers in the first three months of this year. Netflix now has 125 million subscribers globally. This year, Netflix plans to spend $8 billion on developing original content.
Goldman Sachs reported earnings on Tuesday, soaring past Wall Street estimates. The firm said its quarterly revenue hit $10 billion, an increase of 27%. Goldman's successful first quarter is due in large part to the recent surge in trading and market volatility.
Plus, we talk artificial intelligence with Sam Mantle, managing director of digital enterprise at Luxoft. The company recently announced a partnership with Softbank Robotics America to improve technology in "Pepper" the robot. Mantle digs into how Pepper can be used across industries from travel, to retail, to hospitality, noting that developers are just starting to learn how expansive and beneficial artificial intelligence can be.
The software developer Luxoft is teaming up with Softbank Robotics America to bring its humanoid robot Pepper to life.
"This is about making robots accessible," says Sam Mantle, managing director of digital enterprise at Luxoft.
Beyond direct competitors Hulu and Amazon, more companies will jump in to give Netflix a run for its money. "The competition is intensifying across all fronts," says Paul Verna, principal analyst at eMarketer. The streaming service posted strong earnings Tuesday, with a massive growth in subscribers and better-than-expected revenue.
The streaming service added more than 7.4 million new users in the first quarter. The fact that so much of that growth is coming from the international market is a positive for investors, says Kyle Robertson, Founder and Editor-in-Chief of StartU.
Tesla is temporarily suspending production of its Model 3 vehicle in an effort to reduce manufacturing bottlenecks. The pause in production was planned and is expected to last less than a week. However, this is the second time Tesla has paused Model 3 production since February, leading many to worry about whether the company can deliver on its ambitious production targets.
Netflix is off to a strong start this year. The stock surged after the company reported first-quarter earnings, disclosing that the company added 7.4 million subscribers in the first three months of this year. Netflix now has 125 million subscribers globally.
A recent report by the investigative news site Reveal found that Tesla's factory is ridden with safety hazards, and that the carmaker categorizes workplace injuries as "personal medical issues" to decrease its rate of injuries. The company puts "production of cars over worker safety," said Will Evans, one of the reporters who wrote the article.
