The city of Lewisville, Texas, confirmed a Tesla charging device ignited an "intense" house fire that engulfed a Lexus and the home's upper floors Monday.

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?

Aerial footage showed extensive damage, including a Lexus completely charred and structural damage to the roof and garage area of the home.

A Tesla charging unit sparked a two-alarm garage fire in Lewisville, Texas, on Monday and caused extensive damage to a second car and the upper floors of a home, a city spokesman said. (KDFW)

Tesla and Alphabet report quarterly earnings after the closing bell Wednesday, while Texas Instruments tumbles after issuing a disappointing profit forecast.

A group of state treasurers and investors is complaining that the company, facing falling sales, is about to miss a legal deadline to hold a shareholder forum.

The Tesla CEO said the company expects to expand their autonomous driver service to include customer-owned cars.

President Donald Trump took a break from his bitter public feud with Elon Musk by offering support to Tesla in an early morning post on Truth Social.