Tesla Hits Record Deliveries Thanks to US Tax Credit Rush
Tesla smashed Q3 delivery records (497k). US buyers rushed to use expiring $7.5k tax credits, offsetting slow sales in Europe.
Tesla smashed Q3 delivery records (497k). US buyers rushed to use expiring $7.5k tax credits, offsetting slow sales in Europe.
Wedbush raises Tesla stock target to $600, predicting massive $3T growth driven by AI, self-driving tech, and Optimus robots.
Elon Musk bought $1B in Tesla stock, his first since 2020, sending shares soaring. This "vote of confidence" boosts the company amidst challenges, with hopes for AI & robotaxis to add $1T to its value.
Tesla got a permit to test self-driving cars in Nevada, a growing AV hub. While Zoox offers free rides & Waymo plans 2025 tests, Tesla's permit is for testing only; full "Robotaxi" service needs more approvals.
This win is strategically crucial for Samsung's struggling foundry division, as it helps address under-utilization and is expected to attract other major customers.