Tesla(US:TSLA) Zhi Tong Cai Jing·2025-10-02 23:20Market Overview - The three major U.S. stock indices reached all-time closing highs, with the Dow Jones up 78.62 points (0.17%) at 46,519.72, the Nasdaq up 88.89 points (0.39%) at 22,844.05, and the S&P 500 up 4.15 points (0.06%) at 6,715.35 [1] - The market sentiment is shifting towards a longer government shutdown, now expected to last nearly 13 days, up from the previous estimate of 9 days [1] U.S. Stocks - Notable stock movements include Intel (INTC.US) up 3.78%, AMD (AMD.US) up 3.5%, Circle (CRCL.US) up 16.05%, and Coinbase (COIN.US) up 7.48%, while Tesla (TSLA.US) fell 5.11% [1] - The Nasdaq China Golden Dragon Index rose 1.06%, with Alibaba (BABA.US) up 3.59% and NIO (NIO.US) up 3.14% [1] European Stocks - The German DAX30 index rose 287.77 points (1.19%) to 24,437.22, while the UK FTSE 100 index fell 22.98 points (0.24%) to 9,423.45 [2] - The French CAC40 index increased by 89.68 points (1.13%) to 8,056.63, and the Euro Stoxx 50 index rose 66.24 points (1.19%) to 5,647.45 [2] Commodities - Oil prices fell to a near five-month low, with WTI down over 2% to $60.48 per barrel, the lowest closing price since early May [2] - Gold prices fluctuated, with spot gold initially dropping 0.26% to $3,855.64 per ounce, then reaching a record high of $3,896.85 before closing lower [4] Cryptocurrency - Bitcoin surged above $120,000, marking its highest level since August, with nearly $400 million in forced liquidations occurring in the past 24 hours [3] - The largest cryptocurrency has increased over 7% since the beginning of the week, with traders closely monitoring its performance in the fourth quarter [3] Company News - Tesla (TSLA.US) reported a surprising increase in quarterly vehicle deliveries to 497,099, a 7.4% year-over-year growth, driven by consumers rushing to purchase electric vehicles before federal tax credits expire [8] - Boeing (BA.US) announced a delay in the 777X aircraft's commercial operation to 2027, potentially leading to non-cash accounting losses estimated between $2.5 billion and $4 billion [9] - Morgan Stanley raised its target price for Apple (AAPL.US) to $298 from $240 [9] - Deutsche Bank increased its target price for Lithium Americas (LAC.US) from $2.5 to $6.3 [10]