Loading article…
Tesla stock ends July 2 2026 at $393.45, pushing market value to $1.48 trillion as the EV maker reports $97.9 billion in revenue and $1.1 EPS.
Tesla’s shares settled at $393.45 on July 2 2026, valuing the company at $1.48 trillion and reflecting a fiscal year that generated $97.88 billion in revenue and $1.1 earnings per share [1].
| At a glance | |
|---|---|
| Share price (Jul 2 2026) | $393.45 |
| Market cap | $1.48 trillion |
| Annual revenue (2025) | $97.88 billion |
| Automotive segment revenue (2024) | $77 billion |
| Energy storage revenue (2024) | >$10 billion |
Tesla’s 2024 automotive division, its largest business line, produced roughly $77 billion, a decline in growth rate compared with the rapid expansion seen in earlier years but still representing the bulk of the company’s earnings [1]. The energy generation and storage segment crossed the $10 billion threshold, marking a modest but accelerating contribution to the overall mix [1]. Services and other activities—covering vehicle maintenance, insurance, charging, and technology licensing—added about $10.5 billion, underscoring the firm’s shift toward recurring revenue streams beyond vehicle sales [1].
Tesla’s dominance by market cap makes it the world’s leading electric‑vehicle (EV) manufacturer, a status reinforced by 1.77 million global vehicle deliveries in 2023, the 14th‑largest total among all automakers [2]. However, the slowdown in automotive revenue growth coincides with intensifying competition from legacy brands accelerating their EV rollouts and new entrants scaling production. Meanwhile, the expanding energy storage business positions Tesla against established battery manufacturers, though its >$10 billion haul still trails the broader energy market. The company’s reliance on regulatory carbon‑credit sales—$2.76 billion in 2024—has been waning as emissions rules tighten, hinting at a future revenue gap that Tesla must fill with core product sales and services [1].
Tesla’s scale and diversified revenue streams keep it at the forefront of the EV and clean‑energy markets, but the company now faces the twin challenges of slowing automotive growth and a shrinking carbon‑credit windfall, making future performance heavily dependent on its ability to innovate in batteries and services.
Coverage is mostly measured — 6 of 6 reports stay neutral.
Every Monday — the token unlocks, Fed dates & catalysts set to move crypto and markets this week. So you’re never blindsided.
Free · 3-min read · one-click unsubscribe
AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Jul 4, 2026 · How we report
The app update to version 4.58.5 adds app sharing, Full Self‑Driving authentication, charge statistics, and Android live notifications.
Tesla announced that production of the Model X will end in January 2026, with a final limited run of 100 Signature Edition units.
As of July 2025, the Model X Long‑Range version is rated for an EPA range of 352 miles (566 km), while the Plaid version is rated for 335 miles (539 km).
FSD V14‑Lite is a Full Self‑Driving software release (update 2026.20.5.1) that includes new features and performance improvements, as detailed in Tesla's release notes.
The Model Y L is a six‑seat configuration launched in the United States, marketed as a Launch Edition with additional seating capacity compared to standard Model Y versions.