#tesla

#tesla

It's been quite the turbulent past month for shares of EV titan Tesla ( NASDAQ:TSLA), which fell back to around $400 per share after running into a ceiling of resistance at just shy of $470. Undoubtedly, those looking to play a breakout in the name are now pondering the path ahead, now that the broad stock market has seemingly turned against all things tech (especially the tech names with significant AI exposure).

The decomposed body of Rivas, 15, was found in September in the front trunk of a black Tesla registered to D4vd, whose real name is David Anthony Burke. The car had been ticketed in a Hollywood Hills neighborhood and then impounded in a tow yard in Los Angeles. Rivas likely died in the spring, police told NBC4 Investigates, adding that D4vd had likely helped in dismembering and disposing of the body.

After soaring in 2023 and 2024, shares of Tesla(NASDAQ:TSLA) were battered throughout Q1 but performed marginally better in Q2. The largest U.S. EV-maker slid into Q3 but staged a comeback. Things have been looking better in Q4, but after a tech sell-off that began in late October, shares of TSLA are once again slipping. Over the past five trading sessions, the stock is down 6.85% after gaining 3.10% the five prior.

Nomura boosted its Tesla holdings by 4.2%, adding 47,674 shares and bringing its total position to more than 1.17 million shares valued at roughly $373.6 million. The move makes Tesla Nomura's 10th-largest holding at about 1% of its entire portfolio. Nomura's filing was released alongside several other fund updates. Brighton Jones LLC boosted its holdings by 11.8%, as noted in a MarketBeat report, and Revolve Wealth Partners lifted its TSLA position by 21.2%.

Shares of Tesla Inc. (NASDAQ:TSLA) lost 6.36% over the past five trading sessions after losing 1.93% the five prior. A rally that began in early summer has finally pushed the stock into the green on the year with a gain of 8.38%, but the market's recent sell-off has affected TSLA since late October. Since hitting its all-time high on Dec. 17, 2024, the stock has fallen more than 14%.

If you work on Tesla's AI teams, next year will be the "hardest year" of your life. That's according to the company's vice president of AI software, Ashok Elluswamy, who spoke at an all-hands meeting for staff across Tesla's Autopilot and Optimus teams last month. Elluswamy said 2026 will be a key test for the automaker, according to insiders. The executive told staffers that they should expect to work more intensely than ever to achieve the company's goals. One person said the meeting was meant to be a "rallying cry."

This is the discussion I used to have with Elon all the time. He'd come in the West Wing. He'd want all these guarantees on the button. I said: Dude, you don't understand. You're asking people that make 42,000 bucks a year to essentially get all these tax breaks.' They're financing what the venture capitalist should finance, so therefore, you're gonna own less of Tesla, right? Their returns are gonna take longer and maybe be lower, so they're gonna want even more.

A cyclist was hospitalized after being stabbed at the famed Marin Headlands on Saturday, officials said. CHP spokesperson Arthur Tellez told SFGATE the stabbing occurred at 11:40 a.m. on a congested section of Conzelman Road, near Alexander Avenue where the roads intersect with Highway 101. Tellez said the driver of a black Tesla and a cyclist got into an altercation, with the cyclist suffering stab wounds from a knife.

In his annual shareholder letter-the last one he will pen as CEO before Berkshire vice chair Greg Abel takes over on Jan. 1-Buffett suggested chief executives are driven by greed and selfishness to drive up their own pay after seeing competitors ratchet up their own remunerations. "What often bothers very wealthy CEOs-they are human, after all-is that other CEOs are getting even richer," he said. "Envy and greed walk hand in hand. And what consultant ever recommended a serious cut in CEO compensation or board payments?"

Tesla is preparing to expand Gigafactory Texas once again with a brand new facility that will house the eventual manufacturing efforts for Optimus, its humanoid robot. It is already building some units on a Pilot line at the Fremont Factory in Northern California, but Tesla is planning to build the vast majority of its Optimus project at Gigafactory Texas. Production is still slated for 2027, at least at Gigafactory Texas.

The company has been building a dedicated production facility in Reno, Nevada, that has finally taken shape, but Tesla was evidently not finished with the Semi's development. Tesla shares rare peek at Semi factory's interior Last week at the Annual Shareholder Meeting, Tesla said it had implemented some new designs into the Semi, helping with efficiency, updating its design, and making it a more suitable vehicle for hauling loads, as the changes also helped increase payload.

Tesla is now in the business of short-term car rentals, as the company tries to mitigate falling sales in the US following the expiry of federal tax credits for electric vehicles. Rentals are currently being offered in two California Tesla stores in San Diego and Costa Mesa, with plans to expand to more locations by the end of this year, Electrek reports.

S&P 500 futures are down about 21 points. The SPDR S&P 500 ETF ( SPY) is down about a point. Dow futures are down about 126, as the Nasdaq slips about 112 points. While the day doesn't look bright, keep your eye on the 50-day moving average on the major indices. That moving average has now served as strong support a few times. And if it happens again, the major indices could bounce.