Core Viewpoint - Tesla Inc. shares experienced a 1.61% increase in after-hours trading following President Trump's announcement of tax deductions for middle-income Americans on interest for electric vehicle (EV) purchases, including Tesla vehicles, as part of the Big, Beautiful Bill [1][4]. Group 1: Tax Deductions and Policy Changes - President Trump stated that middle-income individuals would receive a deduction on interest for purchasing Tesla vehicles, highlighting that many were unaware of this benefit [2][4]. - The tax deduction allows taxpayers to deduct up to $10,000 annually in interest on vehicle loans until 2028, applicable to singles earning up to $100,000 and couples earning up to $200,000 [4]. - The deduction is not exclusive to Tesla and applies to all EVs, which Trump described as an "unbelievable boon for car sales" [3][4]. Group 2: Industry Impact and Automaker Responses - The Trump administration has made several decisions favoring internal combustion engine (ICE) vehicles, including the termination of the $7,500 Federal EV Credit and relaxed Corporate Average Fuel Economy (CAFE) standards [5][6]. - Major automakers like Ford and General Motors have reduced their EV initiatives, with Ford's CEO predicting only 5% EV adoption in the U.S. and GM reporting a significant demand pullback for EVs [6]. - GM announced a $1.6 billion charge related to its EV efforts, indicating financial strain due to the changing policy landscape [6]. Group 3: Tesla's Sales Performance - Tesla's sales have declined significantly, with a 36% year-over-year drop in October, selling only 26,000 units in the U.S. [7]. - The company's Gigafactory in Shanghai reported a 9.9% decline in sales for the Model Y SUV and Model 3 Sedan, with over 61,497 units sold in October, including exports [7]. Group 4: Market Performance and Metrics - Tesla scores well on momentum and quality metrics, showing satisfactory growth but poor value, with a favorable price trend in the medium and long term [8]. - TSLA stock closed at $403.99, rising to $410.50 in after-hours trading [8].

Chinese tech giant Xiaomi Corp (OTC:XIACY) (OTC:XIACY) reported its first-ever profit from its EV arm as it reported its third-quarter financial results that saw overall profits soar 80.9% to RMB11.3 billion (approximately $1.5 billion).Deliveries Surpassed 100,000 UnitsXiaomi reported a profit of RMB700 million (approximately $98.4 million) from its EV arm, according to a statement released by the company on Tuesday. Xiaomi's EV deliveries in Q3 exceeded 100,000 units, reaching 108,796 deliveries in the qu ...

Core Viewpoint - The National Highway Traffic Safety Administration (NHTSA) has initiated an investigation into Tesla Model Y SUVs due to reports of inoperable door handles, particularly affecting parents trying to access rear doors to retrieve children [1][2]. Group 1: Investigation Details - The NHTSA's Office of Defects Investigation (ODI) received nine reports from Tesla owners regarding the inability to enter their vehicles, with four instances requiring owners to break a window to regain access [1][2]. - Preliminary findings suggest that the door handles may fail to operate if the electronic locks do not receive sufficient voltage from the vehicle's battery system, although no owners reported low-voltage battery warnings [3]. Group 2: Safety Features and Owner Awareness - Tesla vehicles are equipped with manual door releases located inside the car, which may be difficult for children to access, and some owners may not be aware of their existence [4]. - Restoring power to the electronic door locks is possible according to Tesla's owner manuals, but it involves a multi-step process requiring an external power source [4].