BREAKING: Grok Just Changed Tesla Cars Forever https://t.co/bLHNRFjjRB ...

Tesla Inc.'s (NASDAQ: TSLA) share price is about the same as a week ago. ...

Subscribers to Chart of the Week received this commentary on Sunday, November 30. Double signals in one week are kind of a big deal around here. Senior Quantitative Analyst Rocky White always churns out a “Best Stocks to Target After Black Friday” piece before the holidays. Tesla Inc (NASDAQ:TSLA) is a historical outperformer the week after Thanksgiving, averaging a 1.5% return next week with a 60%-win rate over the last decade. And if that’s not enough, Tesla has also outperformed in December, historically ...

Core Insights - Tesla Inc.'s share price has seen a slight increase compared to the previous week [1] Company Summary - The current share price of Tesla Inc. is fractionally higher than it was a week ago [1]

Core Points - Tesla Inc.'s share price has decreased by 3.5% compared to a week ago, following a period when it was trading near an all-time high [1] - The decline in share price comes after shareholders approved CEO Elon Musk's unprecedented $1 trillion pay package [1] - The company has also experienced the departure of some key executives, which may have contributed to the recent stock price drop [1]

Market Overview - U.S. equity markets faced a broad retreat on November 7, 2025, primarily due to a sell-off in technology stocks, driven by concerns over inflated valuations in the AI sector and a prolonged government shutdown [1][10] - All three major indexes are on track for their steepest weekly losses in months, with the Nasdaq Composite poised for its worst weekly performance since March [1][2] Major Index Performance - The Nasdaq Composite (IXIC) declined approximately 1.5% to 2% in afternoon trading, following a 1.9% drop on Thursday [2] - The S&P 500 (SPX) fell between 0.9% and 1.2% by mid-afternoon, after a 1.1% decline on Thursday [2] - The Dow Jones Industrial Average (DJI) was down around 0.5% to 0.8% in afternoon trading, closing 0.8% lower on Thursday [2] Volatility and Investor Sentiment - The CBOE Volatility Index (VIX) surged by 8.3%, reaching its highest level in over two weeks, indicating increased investor nervousness [3] - The current market unease is exacerbated by the ongoing government shutdown, which has led to a "data blackout" affecting crucial economic releases [6] Sector Performance - There is a notable rotation out of high-growth technology stocks, with the Technology Select Sector SPDR Fund (XLK) and Consumer Discretionary Select Sector SPDR Fund (XLY) slipping 2% and 2.3% respectively [4] - The Energy Select Sector SPDR Fund (XLE) advanced by 1%, indicating a defensive shift in investor portfolios towards traditional and value-oriented sectors [5] Corporate Developments - Tesla (TSLA) shares fell 3.3% to 4% despite shareholder approval of CEO Elon Musk's $1 trillion compensation package [13] - Chipmakers like Nvidia (NVDA) and Broadcom (AVGO) faced significant pressure, with declines of 3.8% and 4.6% respectively, reflecting caution regarding high valuations in AI-related stocks [13] - Payments company Block (SQ) slumped 9.8% to 10.5% after disappointing third-quarter earnings [13] - Conversely, Peloton (PTON) and Expedia Group (EXPE) saw significant gains of 3.4% to 6.1% and 16.6% to 17.3% respectively, following better-than-expected earnings [13]

Core Insights - October has seen significant changes in the wealth of the world's richest individuals, with six of the top ten experiencing fluctuations in their fortunes [1][2] - Elon Musk remains the wealthiest person globally, with a net worth of $497 billion, and is on track to become the first trillionaire due to a newly approved pay package from Tesla [2][4] - Mark Zuckerberg experienced the largest decline in wealth, losing $29 billion, which caused him to drop two places in the rankings [2][9] Summary by Individuals - **Elon Musk**: Holds the top position with a net worth of $497 billion, briefly reaching $500 billion. He is set to become the first trillionaire as Tesla shareholders approved a pay package that could add up to $1 trillion in stock [2][4] - **Mark Zuckerberg**: His fortune fell by $29 billion to $223 billion, resulting in a drop of two places in the billionaire rankings [2][9] - **Warren Buffett**: For the first time in years, he is not in the top 10, with a decrease of $7 billion in his net worth [3] - **Larry Ellison**: His net worth is currently $320 billion, down $22 billion from the previous month [6] - **Jeff Bezos**: His fortune increased by $22 billion to $254 billion, improving his ranking [7] - **Larry Page**: His net worth rose by $30 billion to $232 billion, resulting in a rank upgrade [8] - **Sergey Brin**: His wealth increased by $28 billion to $215 billion [10] - **Bernard Arnault**: Currently has a net worth of $183 billion, up $23 billion [12] - **Jensen Huang**: His net worth stands at $176 billion, up $14 billion [13] - **Steve Ballmer**: His net worth is currently $156 billion [14] - **Michael Dell**: His fortune grew by $14 billion to an estimated $155 billion, returning to the top 10 list [16]

Core Points - Tesla shareholders approved a compensation package for CEO Elon Musk that could be worth close to $1 trillion, with over 75% voting in favor of the plan [1][2] Group 1: Compensation Package Details - The approved payment package will grant Musk more than 423 million additional shares, increasing his stake to about 25% if Tesla meets specific goals over the next decade [2] - For Musk to receive the full compensation, Tesla's market capitalization must increase from $1.5 trillion to $8.5 trillion within 10 years, alongside achieving targets such as selling 12 million more cars and operating 1 million Robotaxis [3] Group 2: Support for Musk's Pay Package - Tesla chair Robyn Denholm indicated that Musk may leave the company if the plan was denied, suggesting that Tesla would lose significant value without him [4] - Support for Musk's compensation plan came from various stakeholders, including Counterpoint Global and the Florida State Board of Administration, emphasizing that Musk's leadership has led to substantial success and shareholder returns [4]

Core Viewpoint - Tesla's stock experienced volatility ahead of a significant shareholder meeting, with a decline of over 2% to approximately $452 [1] Group 1 - Investors are preparing for what is described as the most consequential shareholder meeting for Tesla in years [1] - The stock price drop indicates market uncertainty and investor apprehension regarding the outcomes of the meeting [1]

Group 1 - Tesla shareholders approved Elon Musk's historic $1 trillion pay package [1] - Tesla stock rose 0.5% in premarket trading, reaching $464.22, with the S&P 500 and Dow Jones Industrial Average futures also showing slight increases [1] - The stock closed at $462.07 on Wednesday, marking only the seventh time it has closed above $460, with an all-time high of $479.86 reached on December 17, 2024 [1] Group 2 - Tesla shares have gained 44% over the past three months leading up to the annual meeting [2]