Tesla shares fall 6% in premarket as S&P 500 futures slide ahead of earnings

Tesla short sellers mint $4 billion profit as shares nosedive

Tesla shares fell 15% on Q2 earnings miss, handing $4.12B gains to short sellers amid concerns over aggressive AI capex conflicting with softening automotive margins. The 151x forward PE valuation signals material execution risk on robotics roadmap—a cautionary data point for CTOs evaluating autonomous-stack investment bets.