In this week’s Recap, Marcello tells us how Tesla is making headlines with the launch of its new robots, driverless taxi, and driverless van, showcasing advancements in AI and automation. Meanwhile, Warren Buffett continues his massive sell-off, shedding billions of dollars in stocks over the past few months, signaling caution in the markets. And in the world of media, Joe Rogan’s highly anticipated interview with Donald Trump has sparked conversations about politics, media, and the future of the U.S.

Hurricane Milton marched across Florida starting on Wednesday & into Thursday, as the storm hit Florida’s west coast as a Category 3 hurricane, whipping up deadly tornadoes, destroying homes & knocking out power to 3.3M customers, but the Tampa Bay metropolitan area appeared to have escaped without the catastrophic flooding that had been feared. Authorities were still waiting for rivers to crest, but so far water levels were at or below what they received with Hurricane Helene 2 weeks ago.

Shares of the U.S. based electric vehicle (EV) maker Tesla fell -8.78% on Friday at $217.80, after its robotaxi event underwhelmed investors. Morgan Stanley analysts noted that the event overall disappointed expectations, due to a lack of details in several areas, including how the company is going to compete against ride-sharing companies, like Lyft & Uber. Shares of those firms jumped following the event, with Lyft surging +9.59% at $13.60 & Uber gaining +10.81% at $86.34. Tesla stock is down -12.26% in the past 3 months, -12.35% in 2024 & -13.27% y/y, with a market cap of $695.79B.

The post October 13: Tesla launches Robots, Warren Buffet Keeps selling, Joe Rogan interviews Trump (Recap ep295) appeared first on Investing & Day Trading Education: Day Trading Academy.