*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).
Russell Holly, senior editor at Android Central, shares his thoughts on what he saw this weekend at Mobile World Congress, or MWC. Samsung, Google, and others unveiled new hardware and software.
Marty Padgett, editorial director at Motor Authority, discusses the ousting of Ford's North American President Raj Nair following allegations of inappropriate behavior.
The S9's relatively lower price tag, impressive camera updates, and AR functionality will be major draws for consumers, says Russell Holly, Senior Editor at Android Central.
This week's episode of Cheddar's Crypto Craze tackles the latest news and trends in this emerging market. Dropbox files to go public. The dow closes the week up more than 300 points. TV personality Kelly Killoren Bensimon is out with a fur slipper line.
Artist Taryn Southern has produced an entire album using A.I., which learns large amounts of data to compose melodies and harmonies. This, Southern says, pushes her creativity in new ways.
Kelly Killoren Bensimon, the "RHONY" actress, says that every social media platform has a different benefit and explains what Facebook, Instagram, Twitter, and Snapchat, can be used for.
Digital storyteller Taryn Southern is composing music with the power of artificial intelligence. Southern explains how this technology works, and how she sees the music market evolving.
Jen Wieczner, senior writer at Fortune, says that while you are required to notify the IRS about gains on Bitcoin and other digital assets, less than 1 percent have reported profits so far.
There's a new exchange in the crypto game, and it could have the power to shake things up. Users in five states can now trade Bitcoin and Ethereum free of charge on Robinhood. Meanwhile, Coinbase overtime has been considered the go-to place to buy the top cryptocurrencies. Boost VC's Founder and Managing Director Adam Draper explains what he thinks of this emerging cryptocurrency market.
Adam Draper, founder and managing director at start-up accelerator Boost VC, says no. He contends the companies have different business models and will ultimately not be in competition with one another.
