Billionaire investor George Soros's investment fund sold stakes in electric-vehicle makers Tesla and Rivian in the quarter ended Sept. 30 — instead preferring to open a fresh position in legacy automaker Ford, according to a securities filing released late Friday.
Ron Baron has amassed a massive $8 billion in personal gains from Tesla shares. In a recent interview, Baron reiterated his ultra-bullish stance on Tesla.
Tesla has published the most detailed look at the performance and relative safety of its advanced driver assistance software, just a few weeks after Waymo's co-CEO Tekedra Mawakana at TechCrunch Disrupt called on companies to release more data.
The cryptocurrency market was also hit by a selloff, with the price of bitcoin dropping below $96,000 for the first time in six months before paring back earlier losses. The world's most valuable cryptocurrency is down more than 6.3% over the past 24 hours, falling to around $96,466 after earlier falling to as low as $94,592, the lowest level for the leading cryptocurrency since May.
Tesla, Inc. is rated a buy, with the recent 20% pullback seen as a compelling buying opportunity in this Mag-7 name. TSLA's long-term growth is driven by AI, robotics, Robotaxi, and Optimus, with strong vehicle sales and expanding energy storage operations supporting fundamentals. Technical analysis shows key support for TSLA stock near $360, with bullish calendar trends and a rising 200-day moving average reinforcing the positive outlook.
TSLA gears up for a major 2026 capex surge as it doubles down on AI, autonomy and robotics to fuel its next growth phase.
TSLA's sharp drop puts ETFs like XLY and DRIV in focus as investors weigh risks, valuation pressure and long-term innovation bets.
The stock market survived the longest government shutdown in U.S. history with minimal impact. But it tumbled on Thursday, November 13, amid a sell-off of tech stocks as worries about overinflated values and interest rate cuts grew.
Baron said he's already made about $8 billion from Tesla over the years, and he believes he could make five times that over the next decade
Shares of Tesla Inc. NASDAQ: TSLA were trading around $430 on the afternoon of Nov. 12, in what was shaping up to be yet another quiet session. The stock has been uncharacteristically range-bound between $420 and $470 for almost two months, with every attempt to break out, in either direction, swiftly rejected.
Tesla is recalling around 10,500 of its Powerwall 2 home, backup battery systems due to risk of overheating, burns and fires. The U.S. Consumer Product Safety Commission and Tesla said, in a recall notice, that the issue was due to a "third-party battery cell defect.
The Elon Musk-led company recently said it would recall some residential energy products.