Tesla Stock’s High-Stakes Surge: Record Sales, Price Cuts, and Musk’s $1 Trillion Gambit – What’s Next for TSLA?
Tesla stock traded near $445 on Oct. 21, close to its 52-week high, after the company reported record Q3 deliveries of 497,099 vehicles, beating estimates. Shares remain up about 80% for the year. Tesla recently launched cheaper Model 3 and Y versions, pressuring margins and prompting a 4% stock drop. Q3 earnings are due Oct. 22, with analysts expecting lower profits and muted outlook amid subsidy cuts and rising competition.