Taylor Hill via Getty Images
- Wall Street was tough on auto stocks after second-quarter earnings.
- For years, Tesla has managed to garner valuations more akin to tech than automotive stocks.
- Musk knows how much weight his promises hold.
It's a tough time to be a car company on Wall Street — unless, of course, you are Elon Musk.
Several major automakers reported second-quarter and first-half financial results this week, and regardless of the results, investors were hard on everyone.