To The Moon

Tesla stock fell early Tuesday. Kim Kardashian buying a Tesla robot wasn't helping -- yet.Shares of the electric-vehicle maker were down 1.3% in premarket trading at $334.34 while S&P 500 and Dow Jones Industrial Average futures were down 0.4% and 0.6%, respectively.The drop comes despite Kardashian, apparently, buying a Tesla humanoid robot the company calls Optimus. "Meet my new friend," she posted on X.Tesla didn't respond to a request for comment about whether the robot was bought or on loan."I feel confident in saying that we have the most advanced humanoid robot by a long shot," said Musk on his company's third-quarter earnings conference call in October. Tesla is "the only company that really has all of the ingredients necessary to scale humanoid robots...what other companies are missing is AI brain, or they're missing the ability to really scale to very high-volume production."

Policy leaders are being pursued for key Musk priorityTesla CEO, named to efficiency role, plans push on robotaxisThe National Highway Traffic Safety Administration currently permits manufacturers to

Tesla is rallying on Donald Trump's election win as the EV giant reclaimed a $1 trillion market capitalization on Nov. 8 and has now advanced around 25% in 2024. TSLA shares fell on Nov. 14 amid repor

Tesla Jumped 2%, Returning to $300 Milestone

By Chris Kirkham Nov 5 - When Reuters reported in April that Tesla had scrapped plans for a long-promised, next-generation $25,000 electric vehicle, the automaker’s stock plunged. Chief Executive Elon Musk rushed to respond on X, his social-media network. “Reuters is lying,” he posted, without elaborating. Tesla’s stock recovered some of its losses. Six months later, Musk appears to have backed into an admission that Tesla dropped its plans for a human-driven $25,000 car. He said in an Oct. 23 earnings call that building the affordable EV would be "pointless” unless the car was fully autonomous. His latest remarks came in response to an investor asking: “When can we expect Tesla to give us the $25,000 non-robotaxi regular car model?”

Berkshire Hathaway's operating profits were better than they looked in the company's earnings release Saturday due to a swing in currency-related earnings that ought to be stripped out of the profit report.Berkshire said its after-tax operating profits, excluding investment gains and losses, were down 6% to $10.1 billion in the third quarter, or about $7,019 per class A share, 4% below the FactSet consensus. The third-quarter earnings were also below the record $11.6 billion in the second quarter.Berkshire does separate calculations of its total earnings and its operating profits excluding one-time investment gains in its earnings press release. CEO Warren Buffett tells investors to focus on the operating profits because they're a far better gauge of the company's underlying earnings. A similar adjustment ought to be made for currency movements.A sizable chunk of Berkshire's yen debt supports its equity holdings of more than $20 billion in five Japanese trading companies. Berkshire ess

Elon Musk has become a central player in Donald Trump's 2024 campaign, and Democrats hope to turn that into a weakness for the GOP nominee.The top super PAC supporting Kamala Harris, Future Forward USA Action, produced the two ads that were in the heaviest rotation among all ads on swing state screens in the first three weeks of October, according to the ad trackers at AdImpact.They both highlight Trump's links to Musk and other rich donors.One of the ads features a shot of Musk in a tuxedo as a Pennsylvania voter says "the 1% don't serve anybody but themselves.". The anti-Musk campaign also appears to be ramping up amid some evidence that the Tesla CEO's popularity has notable limits among undecided voters.The group has produced an even more Musk-centric ad that ran during a Pittsburgh Steelers game on Monday night and is part of a reported $100 million final ad blitz by the outside group.An image from a recently released ad produced by Future Forward PAC, which is allied with Vice P

Nio Delivers 20,976 Vehicles in October, Up 30.5% YoY

Three Tesla insiders have adopted trading plans that are set to sell $300 million of stock, based on a recent market price.Tesla Chair Robyn Denholm and directors Kathleen Wilson-Thompson and Kimbal M

Facebook owner Meta Platforms Inc. is working on developing a search engine that crawls the web for information to provide to people using its AI chatbot, the Information reported Monday.Meta is looking to reduce its dependence on Google and Microsoft Corp.’s Bing, which currently provides information about news, sports and stocks to people using Meta AI, The Information said, citing an unidentified person who it said had spoken with the company’s search engine team.Shares in Google owner Alphab