📰 News & Developments
Tesla is recalling nearly 3 million vehicles in China — spanning Model 3, Model Y, Model X, and Model S — due to safety risks associated with hidden door handles that could impede emergency egress. The recall is part of China's largest-ever vehicle recall event, affecting approximately 4.3 million vehicles across 11 manufacturers. Tesla's stock rose 3.6% on Friday as the company moved closer to the commercial launch of its Semi truck and expanded its robotaxi operations in Las Vegas. Delta Air Lines selected Amazon's Project Kuiper satellite internet service over Starlink for in-flight Wi-Fi, with service expected to begin in 2028, representing a competitive loss for SpaceX's Starlink in a high-profile contract.
📅 Upcoming Catalysts
📅 Oct 20, 2026: Q3 2026 earnings release (est. EPS $0.4407)
👁 Items to Watch
👁 China recall affecting nearly 3 million vehicles over door handle safety risks remains an open regulatory and reputational situation with no confirmed resolution date.
👁 Commercial launch timeline for the Tesla Semi and scope of robotaxi expansion in Las Vegas remain unscheduled with no confirmed operational dates announced.
📈 Price & Performance
Tesla closed at $362.86, up 6.02% for the week, with the stock trading in the lower half of its 52-week range of $297.38 to $498.83. The weekly gain included a single-session jump of 3.6% on Friday driven by news around the Semi truck commercial launch timeline and robotaxi expansion in Las Vegas.
$297.38$498.83