Tesla shares fell by
5% amid news of
CEO Elon Musk's continuous tenure for the next decade. Famous investor,
Cathie Wood, offloaded her Tesla stock, after Q3 earnings beat, and invested in another stock. Commentator
Jim Cramer remarked that Tesla is not being traded primarily as a car company. Tesla's shareholders approved Musk's performance based pay reward for 2025. This scheme, estimated at
$1 trillion, was also approved by
Charles Schwab and retail investors. The automaker also has plans for gaining full FSD approval in China by 2026. Tesla is also projected to spend
$2 billion on energy storage systems batteries, potentially influencing its stock. Tesla has also secured a
$2.1 billion battery deal with Samsung SDI. The company's Q3 2025 results showed earnings depletion despite
record revenue.
Musk innovations like the Optimus Robot have been suggested as potential job replacements and Universal Income facilitation. Tesla is also facing a challenging time in Europe's EV market.
Tesla TSLA News Analytics from Fri, 10 Oct 2025 07:00:00 GMT to Sat, 08 Nov 2025 19:47:13 GMT -
Rating -3
- Innovation 5
- Information 7
- Rumor -6