Tesla shares rose early Tuesday after gaining on Monday, but gains didn’t last as the car maker tries to come out of its post-earnings dip. Shares of the electric-vehicle maker traded as high as $326.

Shares of Tesla ( TSLA 3.11%) climbed higher on Monday. The electric vehicle (EV) maker's stock gained 3% as of market close, but had jumped as much as 4.6% earlier in the day. The spike comes as the S&P 500 ( ^GSPC 0.02%) was flat and the Nasdaq Composite ( ^IXIC 0.33%) rose 0.3%.

Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 4% in the afternoon session after the company announced a significant, multi-billion dollar contract with Samsung Electronics to produce its next-generation AI chips.

Tesla shares are trading marginally lower Tuesday afternoon. Investors continue to weigh the company's long-term artificial intelligence ambitions.

Meanwhile, another artificial intelligence (AI)-powered transportation stock has rocketed higher this year, partly due to its emerging autonomous driving business. Lately, the stock seems to go up when Tesla goes down and vice versa. Is it the ultimate threat to Tesla's autonomous driving ambitions?

Musk made a virtual appearance at the Tesla Owners of Silicon Valley 2025 “Takeover” party in San Mateo, California. He talked a lot about the potential for artificial intelligence.

Tesla's Q2 results confirmed deteriorating fundamentals: deliveries and revenue declined, margins compressed. Read why I rate TSLA stock as Hold.

At the risk of sounding like investing guru Cathie Wood, Tesla (NASDAQ:TSLA) has a clear path to be a $20 trillion stock. The pioneer in electric vehicles (EVs) and sustainable energy has transformed the automotive industry since its founding 22 years ago,