News about TSLA

Nasdaq futures rose 1.1% before Monday's open, Dow futures gained 0.1%, and S&P 500 and Russell 2000 futures rose 0.5%, rebounding from the worst week for the Nasdaq and S&P 500 since early June amid concerns over AI spending and valuations. On Stocktwits, retail sentiment on SPY turned 'bearish' and QQQ moderated to 'neutral'. Nvidia is reportedly asking Samsung, SK Hynix and Micron to use TSMC's 3-nanometer process for the base die of its next-generation HBM chips. Tesla (TSLA) won a procedural ruling in a false-advertising lawsuit, while investor Gary Black sees SpaceX buying Tesla at $420/share. AST SpaceMobile (ASTS) drew interest after falling to $40, when Boost Mobile founder Peter Adderton said he was willing to buy the stock.

Gary Black of Future Fund predicts SpaceX could announce within weeks an all-stock acquisition of Tesla at $420 per share, framing the Roadster reveal as a step toward combining Elon Musk's companies. Black estimates the Roadster could add just $0.06 a share to Tesla's 2029 earnings, or 1.1% of the $5.40 consensus adjusted forecast, and sees limited brand benefit, while noting TSLA tends to sell off after its events. Gene Munster of Deepwater Asset Management also sees a merger motive behind the showcase, while Morningstar expects the Roadster could draw buyers to Tesla's lineup but forecasts fewer than 2,000 annual deliveries once production ramps. Barclays considers an all-stock SpaceX acquisition of Tesla the most likely structure, with a possible announcement around Tesla's annual meeting or within six to 12 months, though shareholder approvals and antitrust review remain hurdles. Year-to-date, TSLA is down 21% and SPCX is down 9%.

Tesla (TSLA) shares rose 1% overnight after Elon Musk said the Optimus robot and Cybercab robotaxi would account for most of the company’s value, following the recent unveiling of the flying Roadster. Morningstar calls the Roadster a “halo car” that could lift demand across Tesla’s lineup, with production expected in 2028 and fewer than 2,000 annual deliveries forecast. Musk claimed a peak speed above 0.5 Mach (about 400 mph), while AI researcher Yann LeCun dismissed the demo as impractical, estimating the compressed-air thrust would last less than 10 seconds. Reservations cost $50,000 for Performance and $250,000 for Thrust, but the car is not approved for public roads. Tesla reports earnings on Wednesday, after TSLA fell 7% last week.

Last week, five stocks drew retail attention over product demand, restructuring, insider buying and setbacks. Apple's foldable iPhone Duo built a long preorder backlog, with delivery estimates for the $1,999 device slipping into January 2027, and Apple and Meta announced work to run Meta's Muse Spark model on Mac Studio computers. Netflix plans to cut about 1,000 jobs, or 6% of its workforce, while its co-CEOs said it remains on track for yearly financial targets. CEO Ryan Cohen bought 844,130 shares worth about $22.8 million last week, with insider purchases totaling about $99 million over two months. Tesla showed a revamped Roadster with SpaceX-developed thrusters, planned for production in 2028, and its stock fell 7.3% this week, while Rocket Lab's stock plunged over 25% after postponing its Neutron debut over carbon-fiber manufacturing problems.

Earnings season moves into a busier phase, with SpaceX (SPCX) reporting Tuesday and Tesla (TSLA) on Wednesday. Investors will watch Starlink and SpaceX's AI operations, along with Tesla's margins, cash flow and plans to fund robotaxi, Optimus and AI. Analysts expect Tesla to post EPS of $0.45 on $28.11 billion in revenue, and SpaceX EPS of $0.18 on $13.16 billion. Meta Platforms (META) reports Wednesday after the bell, with expected EPS of $6.76 on $63.39 billion in revenue, while Netflix, IBM, GE Aerospace and several airlines also report this week. In after-hours trading Friday, SPY fell 0.26%, QQQ dropped 0.27% and DIA slipped 0.21%.

The 9th US Circuit Court of Appeals overturned a lower-court order that allowed California Tesla customers to sue as a group over claims they were misled about full self-driving (FSD). The three-judge panel found too many individual questions, including what each buyer saw before purchase and whether all class members saw the website claim that vehicles sold from October 2016 onward had the hardware needed for FSD. The ruling is not on the merits and the false advertising case remains pending; plaintiffs allege customers paid extra for software that does not work, which Tesla denies. The article notes FSD matters to Tesla's business: about 55% of North American deliveries had an FSD subscription enabled at delivery and nearly 1.5 million customers pay for FSD worldwide. Meanwhile, free cash flow was negative last quarter as capital spending more than doubled, and automotive margins excluding credits fell from 19.2% to 16.3%.