*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).
Today we bring you #ChedHER: a day full of live programming celebrating women who are changing the game. In each hour, we'll focus on a different theme and introduce a new guest co-host. In Opening Bell, we focus on women in business and finance and then on women entrepreneurs. Anjali Kumar, Cheddar's Chief People Officer and General Counsel, kicks off the day's coverage with Kristen Scholer. We hear from Dia Simms, president of Combs Enterprises, about how she climbed the ladder and got to where she is today. We also talk to Whitney Casey, founder of the women's tech start-up Finery.
Even as the #MeToo movement spreads to Silicon Valley, the disparity in venture capital funding by gender continues to be an issue. But that didn't stop Finery founder and CEO Whitney Casey from closing a $5 million dollar round of funding.
Sutian Dong, partner at Female Founders Fund, discusses the company's investment in female-led businesses and some of the struggles women face when seeking venture capital funding.
A lot of startups and businesses pride themselves on a culture of transparency and efficiency, but achieving high levels of both can often be difficult. That is why Monday.com is working to take the effort out by introducing a singular platform for work and product management.
For 2018, some business leaders fear that the greatest innovations could also prove to be the greatest threats to current business models. Protiviti recelently released a report of the top risks for 2018 based off of a survey of more than 700 c-suite executives and board members.
Tesla reported earnings after the bell today. The company beat on EPS with $-3.04 versus estimates of $-3.12 and met on revenue with $3.29 billion.
Tesla reports earnings after the Closing Bell Wednesday. Wall Street expects about $3.28 Billion in quarterly revenue and earnings per share loss of $3.12. The report comes on the heels of a major milestone for Elon Musk's other company SpaceX.
For this week's Keep Reinventing segment brought to you by HP, we look at how the company is inspiring the next generation of female leaders in technology. Cheddar's Kristen Scholer speaks with Emily Ketchen, Regional Head of Marketing of the Americas at HP.
SpaceX launched its Falcon Heavy rocket Tuesday, making history by sending the largest rocket into space since 1975. CEO Elon Musk tweeting in response to President Trump, "An exciting future lies ahead." Mashable's Deputy Science Editor Miriam Kramer explains what the scene was like on the ground at Cape Canaveral, FL.
Tesla reports earnings after the Closing Bell Wednesday. Wall Street expects about $3.28 Billion in quarterly revenue, and earnings per share loss of $3.12. The report comes on the heels of a major milestone for Elon Musk's other company SpaceX. CFRA Research's Efraim Levy shares what he is watching for in this report.
