*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).
StyleSeat co-founder and CEO Melody McCloskey talks about the growth of her company, as well as the lack of women in Silicon Valley boardrooms. StyleSeat allows users to find spas and salons and book appointments, while also allowing those businesses to grow.
Brent Butler, host of PopDust Presents, and Trey Williams, Media and Entertainment reporter at Marketwatch, discuss Netflix's upcoming release of its Q4 earnings and whether we can expect the streaming service to perform as well this time around as it has in the past.
Mazin Gilbert, Vice President of AT&T Labs, talks to Cheddar about the evolution of machines and humans in the next generation.
Amazon opens its first fully automated grocery store in Seattle on Monday. Netflix gets ready to report Q4 earnings after a very successful 2017. And Twitter COO Anthony Noto is reportedly considering a new job. You'll find all these stories and more in our weekly Grab and Go segment.
The FCC's decision is receiving a lot of backlash after repealing the net neutrality regulations. Doug Chin, Attorney General of Hawaii, joined us to share why he and 22 other state attorney generals filed a lawsuit to block the move.
Sometimes the first impression someone has of you is from researching your profiles and news of you online. Making a good first impression is always critical, which is why BrandYourself has been working since 2012 to help people take control of their online identity.
Wheelook is a new social platform that is promising users Internet fame. The platform encourages authentic content and growth. Is Wheelook the new Instagram?
Amazon acquired and then killed off wine selling website Wine.Woot. Now, the founder of Woot and co-founder of Wine.Woot are back with a new wine startup. Casemates connects wine lovers with wineries around the country.
In this week's episode of The Crypto Craze Cheddar Anchors Brad Smith and Baker Machado explain the biggest trends in the market. Cable and satellite entertainment company Starz filed a petition, asking the FCC to step in to resolve a fight with Altice. Facebook announces an update to its news policy. Amazon is increasing its prices.
Start-up Apartment List is aiming to change the way you rent online. The company just closed a $50 million funding round. Co-Founders John Kobs and Chris Erickson explain how they are using this funding to expand its existing business.
