Tesla’s market capitalisation has dropped four Hyundais since its Technoking’s Nazi salute, but at $1.2tn it is still valued at about 100 times estimates for profits in 2026, or 35 Hyundais.

Here are all the crucial things Tesla, Meta and Microsoft CEOs and CFOs said on their Wednesday evening quarterly conference calls as it relates to Capex and DeepSeek's potential impact on future ...