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Related tickers and likely impact
TSLA
▼ Likely negativeTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.6T |
| Close on 11/03/2026 | 398.50 |
| Change that session | -1.32% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Prediction: Tesla’s Next Act Could Be Its Most Important Yet
24/7 Wall St. sets a 12-month price target of $407.74 for Tesla, 1.98% above its $399.81 model reference price, and keeps a hold rating. The article says the stock trades near its highest valuation in years while earnings face heavy pressure, and Monday’s intraday high of $409.23 put shares slightly above the target. Third-quarter revenue was $28.05B and non-GAAP EPS of $0.48 beat estimates, but operating income fell 55.79% and free cash flow dropped 61.63%. The bull scenario reaches $468.61 (up 17.21%), while the bear scenario points to $365.71, with capex guidance of about $20 billion this year as the main pressure point. The article says EU-wide FSD approval and Robotaxi revenue becoming significant in 2027 could make the target look too conservative.
- Tesla Robotaxi Adds This New City, But Stock Rally Fizzles
- Tesla’s Cybercab Costs “About $25,000” to Build. Waymo Has a Big Problem: It’s Cost Is Nearly 4X That
Prof G Markets' Dan Chiolan estimates Tesla's Cybercab costs about $25,000 to produce, versus upward of $100,000 for each Waymo vehicle, meaning Tesla could field about four robotaxis for the price of one current Waymo car. The gap narrows against Waymo's cheaper new Ojai van, which Waymo says costs under $20,000 in hardware per car and uses 42% fewer sensors than the Jaguar it replaces. Waymo still drives about seven times Tesla's weekly miles and runs paid rides in 15 U.S. cities, while Tesla runs its Robotaxi without safety monitors in six cities. The article also notes that NHTSA is investigating how Tesla certified the Cybercab, and that Tesla trades at 190x forward earnings, well above its three-year average of 136x.
- Stocktwits Zero To Sixty: Rivian Raises Delivery Guidance On R2 Demand, Tesla Expands Robotaxi Fleet, And Ford Advances Low-Cost EV Plans
Rivian reported third-quarter revenue of $2.16 billion, up 38% year over year and above consensus near $1.99 billion, while its adjusted loss narrowed to $0.48 per share. The company raised its 2026 delivery outlook to 67,000–70,000 vehicles on strong demand for the R2 SUV and lowered its capital expenditure outlook to $1.4–$1.5 billion. Tesla expanded its robotaxi fleet in Texas to 1,051 authorized vehicles, with 544 Cybercabs now outnumbering 507 Model Ys. Ford said its sub-$30,000 Fathom midsize electric pickup remains on track for a late-2027 launch, while GM is preparing its Lansing plant for future hybrid versions of the Chevrolet Traverse, Buick Enclave and GMC Acadia. Over the week, RIVN rose 3%, TSLA 7%, GM 15% and F about 6%.
- Elon Musk Says Tesla Robotaxi Expansion to Miami, Tampa Beaches Is ‘Coming Soon’ After Ron DeSantis’ Call for Expansion
Tesla CEO Elon Musk said the company's Robotaxi service will soon expand to beaches in Miami and Tampa, responding to a call from Florida Gov. Ron DeSantis. Data shared by Sawyer Merritt shows Robotaxi geofences of 272 square miles in Austin, 254 in Houston, 81 in Dallas, 31 in Miami, 24 in Tampa and 26 in Orlando, while Alphabet's Waymo covers 60 square miles in Miami and 50 in Tampa, including beaches. Merritt also said the Cybercab fleet in Austin has surpassed the Model Y, with 544 Cybercabs versus 507 Model Ys, for a total of 1,051 Robotaxis. ARK Invest's Cathie Wood said Robotaxis could represent more than 80% of Tesla's enterprise value by 2031, and her base case projects the stock reaching $4,400 that year.
- TSLA Stock Rises As Cybercabs Overtake Model Ys In Authorized Texas Robotaxi Fleet
Data from the Texas Department of Motor Vehicles shows Tesla's purpose-built Cybercab, a steering-wheel-free robotaxi, has become the majority of its authorized robotaxi fleet in Texas for the first time, with 544 of 1,051 vehicles. Model Y accounts for 507, a shift from early October when the registry showed 319 Cybercabs against 420 Model Ys. The data covers authorization only, not whether vehicles are operating or carrying riders. Cybercabs currently run only in Austin, while Tesla's robotaxis operate in Austin, Houston, Dallas and parts of Florida; Tesla said it is looking to add Cybercabs in Dallas next month. TSLA closed 4% higher on Tuesday but is down 9% year to date.
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Latest news
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- Qualcomm Says December Won’t Be Its Biggest Quarter Anymore as Apple Walks Away
Qualcomm's CFO said on the November 4, 2026 earnings call that December will no longer be its biggest quarter from fiscal 2027, as chip revenue from Apple ramps down. GAAP revenue fell 8% to $10.322 billion and non-GAAP EPS fell 28% to $2.17, while automotive revenue rose 89% to $1.99 billion. December-quarter guidance of $10.4 billion to $11.2 billion in revenue and $2.15 to $2.35 in non-GAAP EPS has an EPS midpoint of $2.25, which the article estimates trails the $2.29 consensus. Qualcomm targets $5 billion in data center revenue for fiscal 2027, mostly from two hyperscalers, one of them Amazon, while the value of the multi-year SpaceX deal was not disclosed. After the report, shares fell 7.52% to $160.16, about 36% below the May 29, 2026 record close of $251.02, by the article's estimate.
- Citi Loads Up On Tesla, Lucid And Rivian In Q3 While Slashing XPeng, General Motors
Citigroup increased its Tesla stake 10.1% to 8.69 million shares in Q3, worth about $3.09 billion at quarter-end, even as the position's value fell about 7% as the shares dropped. It more than doubled its Lucid stake (up 106% to 4.25 million shares) and raised its Rivian holding 39.7% to 8.56 million shares, while selling its small Faraday Future stake. Conversely, it cut its XPeng ADS holding 82.6% to 235,012 and its General Motors stake 5% to 1.70 million shares, while Ford rose 31% to 13.05 million. Citigroup's total reported holdings edged up to about $308.3 billion from $302.7 billion the prior quarter. TSLA stock has dropped 24% year to date, according to the filing report.
- Is this 'the big one' for the stock market? Wall Street sounds off as tech plunges.
The stock market fell sharply on Thursday as a punishing selloff in tech stocks dragged it lower, a day after equities rallied strongly following the Democrats' sweep of Tuesday's midterm vote.
- Apple cuts employee AI budgets as new CEO looks to rein in costs
Apple is reducing internal budgets for employees using external AI services as new CEO John Ternus seeks to control spending, according to a Bloomberg report citing people familiar with the matter. The company has cut daily token-based spending limits for some teams to as little as $25, with the changes meant to push employees toward cheaper AI models, though some teams may qualify for exemptions. The move comes as Ternus faces rising costs, including higher memory prices that could weigh on margins ahead of the holiday shopping season. Meta Platforms and Uber have also introduced limits on employee AI tool use, and some Apple staff reportedly worry about restructuring after the company hired outside consultants. Neither Apple nor Ternus has publicly commented on the reported limits.
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