With Tesla set to release its latest quarterly earnings report, Wall Street thinks the stock can keep rising on a "golden age" for automation and AI.

Shares of Tesla, Inc. fell over 3.5% premarket Monday, heading toward a two-week low, as broader market concerns and controversy surrounding CEO Elon Musk weighed on retail sentiment. The stock is coming off its worst weekly performance since Jan.

Eastern time, the S&P 500 was 0.3 per cent higher. The Dow Jones Industrial Average was up 0.3 per cent and the Nasdaq Composite was 0.8 per cent higher

Big technology stocks including Nvidia, Microsoft, Meta and Tesla tumbled in premarket trading on concerns that a Chinese artificial intelligence startup could threaten America’s dominance in AI. Shares of Nvidia plunged nearly 12% on news reports about the capabilities of DeepSeek — a China-based startup which has made waves in the industry after launching a free,