Tesla shares closed at $390.84 on November 11 after rising 2.9 percent, supported by Finland’s approval of the company’s assisted-driving system and Elon Musk’s decision to extend Cybertruck production through summer 2027 to clear backlog. Q3 results released in late October showed revenue essentially flat at $28.05 billion and non-GAAP EPS of $0.48 beating estimates, yet GAAP net income fell 43 percent year-over-year amid higher R&D and lower regulatory credits, with 2026 capex guidance trimmed to roughly $20 billion. China retail sales hit multi-year lows, while robotaxi rollouts and energy storage remain key swing factors. Analyst consensus targets cluster near $412–$442, and Q4 results due in late January will provide the next major data point for November price levels.
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