*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).
If you ever stare at the random assortment of ingredients in your fridge and wonder how you can possibly turn those items into a palatable meal, then Innit could be the best new app for you. Innit is a new app that streamlines and personalizes the cooking process from the store, to your fridge, to your plate.
It seems the future of media could be wireless and CobbleCord is a company that is helping facilitate that. Virginia Juliano is the CEO and co-founder of CobbleCord, and she joins Cheddar to explain how CobbleCord is making it easier for consumers to go wireless.
Bitcoin debuted on the world's largest futures exchange on Sunday. CME Group launched their Bitcoin Futures, a move that further promotes and brings attention to the cryptocurrency craze.
Airpods are now sold out for the holidays at Apple Stores. Macworld Staff Writer Michael Simon explains why this tech accessory is now resonating with consumers.
Tim McCourt, Global Head of Equities and Alternative Investments at the commodities and futures exchange, says that demand has been strong leading into the launch.
This Changes Things provides advice for the executives and leaders of tomorrow, powered by American Express OPEN. Between Bells has the latest tech, culture, and business news.
Mark Spoonauer, Editor-in-Chief of Tom's Guide joins Cheddar to discuss some of the best gifts for that tech-savvy friend this holiday season. From smart doorbells to protective routers Cheddar has you covered!
James Putra, Director of Product Strategy & Innovation at TradeStation Technologies, joins The Long and The Short from a cryptocurrency cafe in Prague! He explains how the Bitcoin craze is being received in Europe and what you need to know before investing in Bitcoin.
This was a wild year for the tech sector, but how did social media companies specifically do? Daniel Ives, Chief Strategy Officer & Head of Technology Research at GBH Insights, and Jason Moser, Analyst at The Motley Fool, join The Long and The Short to discuss Snap, Twitter, and Facebook.
James Putra, product strategy leader at TradeStation, tells Cheddar how Europe is reacting to digital currency.
