Stock Market Today, Jan. 2: Tesla Disappoints On Deliveries; Markets Look Up To Start 2026

Company Performance - Tesla fell short of delivery expectations with 418,227 deliveries, while analysts anticipated 440,907 [5] - The decline in deliveries is attributed to the expiration of a federal EV credit, which previously boosted sales [6] - The upcoming quarterly report is expected to provide insights into the company's transition from an energy firm to an autonomy company, focusing on its Robotaxi business and Optimus humanoid robot [7] Market Overview - The Nasdaq is up by 1.11%, while the Russell 2000 and S&P 500 have increased by 0.52% and 0.47% respectively, although the Dow has slightly declined by 0.04% [2] - The positive performance of the Nasdaq and S&P 500 is largely driven by technology stocks, particularly the "Mag7" [3] - The Russell 2000 is also showing interest in tech stocks, alongside industrials and materials [4] Market Expectations - Analysts have high expectations for the market in 2026, with many anticipating a fourth consecutive year of double-digit returns [8]