*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).
Everything is going "smart" these days...your cars and home, for example. But what about your hotel room? Hilton launched its first "connected room" on Tuesday, which aims to give guests a customizable stay by using just their phone.
2017 was an exciting year for the tech sector, especially the FAANG stocks. Lindsey Bell, Investment Strategist for CFRA, and Ryan Vlastelica, Reporter at MarketWatch, join The Long and The Short to discuss the year's ups and downs.
Chris Young says that companies should always feel as if the organization is not doing enough. He shares some tips for both companies and consumers to optimize their cyber security strategies.
New York EdTech Week attracts over a thousand tech innovators, investors, policymakers, and others, with the goal of making new advancements in education technology. Jonathan Harber, Co-Founder of StartEd and Producer of the event, was with us to discuss the upcoming event.
Technology moves fast and doesn't wait for anyone. New digital innovations such as cloud computing have forced businesses to adapt quickly in order to keep up with innovation. Jason McDonald, U.S. President for Contino, a consulting firm helping brands adopt new tech, was with us to chat about how businesses are responding to rapid changes in technology.
Ericsson ConsumerLab just released its annual "10 Hot Consumer Trends for 2018" report, providing insight on the biggest consumer tech trends for the coming year. Michael Bjorn, Head of Research at Ericsson and author of the report, sat down with us to discuss the biggest trends to watch out for.
Kimbal Musk is on a mission to base the American restaurant and food system on clean farming and eating. He is transforming food the same way his brother, Elon, is transforming electric cars and space travel.
On December 15th Hip Hop artist Jeezy releases his brand new studio album, "Pressure." The artist and entrepreneur kicks off his nationwide tour at the end of the month. He stops by Cheddar to discuss his projects on the stage, and in business.
BlackRock Investment Institute released its 2018 Global Investment Outlook on Monday. Terry Simpson, Multi-Asset Investment Strategist at the Institute, explains his outlook for the economy heading into the new year.
Between Bells brings you the latest political news, along with a few doses of business, culture, beauty, and tech.
