2025-10-03 Tesla News

Hello everyone, welcome to the Tesla Daily News, today is October 3, 2025, here are the latest news updates. 1. Let's start with the numbers: Yesterday, Tesla closed at $436, down 5.1% from the previous close of $459.46. The day’s high was $470.75 and the low was $435.57. 2. According to Forbes, Elon Musk has made history by becoming the first person ever to reach a net worth of $500 billion. This milestone was primarily driven by a rally in Tesla shares, as well as continued growth in the valuations of SpaceX and xAI. As of Wednesday’s close, Musk’s net worth stood at $500.1 billion, before dipping slightly to $499.1 billion. This cements Musk’s position as the world’s richest individual by a wide margin. 3. According to MarketBeat and ETF Daily News, Canaccord Genuity Group has raised its price target for Tesla shares from $333 to $490, maintaining a “buy” rating. The firm cited continued confidence in Tesla’s ability to innovate and maintain its lead in the electric vehicle space