Lower-cost Tesla model

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Wall Street Breakfast Podcast: Tesla Spins Up Speculation
Seeking Alphaยท 2025-10-06 10:52
Tesla - Tesla is teasing an upcoming event scheduled for October 7, which has sparked speculation about a potential new lower-cost model to sustain sales momentum [3] - In the third quarter, Tesla delivered a record 497.1K vehicles, exceeding consensus estimates of 448K [4] Firefly Aerospace - Firefly Aerospace is set to acquire SciTec for approximately $855 million, consisting of $300 million in cash and $555 million in Firefly shares priced at $50 per share [6][8] - The acquisition aims to enhance Firefly's capabilities in supporting U.S. defense missions by integrating SciTec's expertise in software, big data analytics, and remote sensing into its existing portfolio [9] - SciTec generated revenues of approximately $164 million for the twelve-month period ending June 30, 2025 [10] Entertainment Industry - A Taylor Swift listening party movie topped the weekend domestic box office, earning $33 million from about 3,700 theaters during its short three-day run [11][12] - The film included exclusive content and personal reflections from Swift, contributing to its strong box office performance [13] - In comparison, Warner Bros.' "One Battle After Another" earned $11.2 million, down from its previous weekend debut of $22.4 million [14]