Rowan Street Capital, an investment management company, released its Q1 2026 investor letter. This divergence is typical in long-term investing, as business performance ultimately drives investment returns. In its Q2 2026 investor letter, Rowan Street Capital highlighted Tesla, Inc. (NASDAQ:TSLA). On July 31, 2026, Tesla, Inc. (NASDAQ:TSLA) closed at $311.21 per share, reflecting a market capitalization of $1.23 trillion. Rowan Street Capital stated the following regarding Tesla, Inc. (NASDAQ:TSLA) in its Q2 2026 investor update: