QID

The Week

TESL.US ended the week at $11.681, down 13.79%, while the S&P 500 eased just 0.47%, leaving the ETF about 13.32 percentage points behind the benchmark. The move was a sharp reversal: it opened Monday at $13.615, pushed up to a high of $15.000 on Wednesday, and closed Friday at $11.681, the lowest close over the 60-day window. The weekly range came to 25.71%, and average daily volume of roughly 24,180 shares ran well above the 3,616.5 median, with turnover expanding both on the way up and on the way down.

Sector News

The week’s headlines were dominated by Tesla itself, with pull in both directions. Third-quarter earnings showed profit down 43%, auto revenue down 3%, and energy generation and storage down 16%, while the FSD customer count rose 67%. Megapack orders are nearly sold out through 2027, first Nevada-made LFP cells have shipped, and news flow also included Tesla’s own AI maps, Robotaxi expansion, and talk of a possible SpaceX merger. On the macro side, AI spending jitters and higher oil prices hit technology names, with Nasdaq futures off more than 1% at one point and chip stocks leading the pullback. The latest session’s capital snapshot showed small-lot money on the net inflow side against net outflow pressure from medium and small lots combined, pointing to a soft overall direction.

The Week Ahead

The main threads from this week will be tested against macro data and follow-through Tesla news. The Dallas Fed manufacturing activity index kicks things off on Monday 26 October, after a prior 9.8 reading; Tuesday 27 October brings durable goods orders, FHFA house prices, Case Shiller, and consumer confidence (prior 81.9, forecast 81). Housing and consumer confidence prints could reset risk appetite, which matters for this high-beta, high-volatility theme. On the Tesla side, the focus will be on whether the year-end Cybercab timeline holds, how the Robotaxi service expansion plays out, and whether SpaceX merger talk moves from chatter toward anything more concrete.

In Short

TESL.US closed the week with high volatility and a clear downward tilt: a 13.79% loss, a 25.71% range, and a gap of more than 13 points behind the S&P 500. Support comes from rapid FSD user growth, extended Megapack order visibility, and buy ratings from several brokers; the pressure comes from falling profit, weaker auto and energy revenue, and a latest-session capital tilt toward net sellers. The week ahead depends on whether macro data can steady risk appetite and whether Tesla’s Robotaxi, Cybercab, and SpaceX merger narratives can absorb the post-earnings volatility and find a new balance.

This article is generated by LongbridgeAI from market data, for information only and not investment advice.