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Tesla just had its best month since the election

The stock is riding high on analyst upgrades and big expected third-quarter sales.

Rani Molla
Updated 9/30/25 4:25PM

November 2024 was a great month for Tesla. Its CEO threw his chips in for the winning presidential candidate, who was expected to slash federal red tape for Tesla’s white whale: self-driving cars.

September 2025 was nearly as good — at least in terms of the stock price’s increase from the month before.

Tesla closed at $444, 34% higher than it ended August. Tesla ended last November 38% higher than the month before, at $345. The company’s shares then hit an all-time high in December 2024 before a combination of falling sales and a fallout with President Trump, among other headwinds, sent the stock down. Tesla only went positive for the year earlier this month.

Lately, Tesla has been riding high on a series of analyst upgrades touting the company’s AI and autonomous ambitions. Last week, Wedbush Securities analyst Dan Ives raised his price target for Tesla to a Wall Street high of $600, forecasting a $1 trillion “AI and autonomous opportunity.”

The company is also, for the first time in a while, selling a lot of regular vehicles, which make up the lion’s share of its existing revenue. That part is a bit bittersweet, since the reason for the rise ends tomorrow. Electric vehicles in general are flying off lots in the US, with record sales expected this quarter as would-be buyers pull forward purchases to take advantage of the $7,500 federal tax credits, which end tomorrow. Of course, that suggests sales will fall off in subsequent quarters. Still, it’s good news now for Tesla, which some analysts predict will have a record quarter that could push the stock even higher.

We’ll know for sure later this week, when Tesla discloses third-quarter delivery numbers.

Update (September 30, 4:00 p.m. ET): Piece has been updated to confirm Tesla did notch its best month since November 2024.

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Tesla’s 45 Austin Robotaxis now have 14 crashes on the books since launching in June

Since launching in June 2025, Tesla’s 45 Austin Robotaxis have been involved in 14 crashes, per Electrek reporting citing National Highway Traffic Safety Administration data.

Electrek analysis found that the vehicles have traveled roughly 800,000 paid miles in that time period, amounting to a crash every 57,000 miles. According to the NHTSA, US drivers crash once every 500,000 miles on average.

The article says Tesla submitted five new crash reports in January of this year that happened in December and January. Electrek wrote:

“The new crashes include a collision with a fixed object at 17 mph while the vehicle was driving straight, a crash with a bus while the Tesla was stationary, a collision with a heavy truck at 4 mph, and two separate incidents where the Tesla backed into objects, one into a pole or tree at 1 mph and another into a fixed object at 2 mph.”

Tesla updated a previously reported crash that was originally filed as only having damaged property to include a passenger’s hospitalization.

Last month, Tesla shares climbed after CEO Elon Musk said in a post on X that the company’s Austin Robotaxis had begun operating without a safety monitor.

The article says Tesla submitted five new crash reports in January of this year that happened in December and January. Electrek wrote:

“The new crashes include a collision with a fixed object at 17 mph while the vehicle was driving straight, a crash with a bus while the Tesla was stationary, a collision with a heavy truck at 4 mph, and two separate incidents where the Tesla backed into objects, one into a pole or tree at 1 mph and another into a fixed object at 2 mph.”

Tesla updated a previously reported crash that was originally filed as only having damaged property to include a passenger’s hospitalization.

Last month, Tesla shares climbed after CEO Elon Musk said in a post on X that the company’s Austin Robotaxis had begun operating without a safety monitor.

tech
Jon Keegan

Ahead of IPO, Anthropic adds veteran executive and former Trump administration official to board

Anthropic is moving to put the pieces in place for a successful IPO this year.

Today, the company announced that Chris Liddel would join its board of directors.

Liddel is an seasoned executive who previously served as CFO for Microsoft, GM, and International Paper.

Liddel also comes with experience in government, having served as the deputy White House chief of staff during the first Trump administration.

Ties to the Trump world could be helpful for Anthropic as it pushes to enter the public market. Its reportedly not on the greatest terms with the current administration, as the startup has pushed back on using its Claude AI for surveillance applications.

Liddel is an seasoned executive who previously served as CFO for Microsoft, GM, and International Paper.

Liddel also comes with experience in government, having served as the deputy White House chief of staff during the first Trump administration.

Ties to the Trump world could be helpful for Anthropic as it pushes to enter the public market. Its reportedly not on the greatest terms with the current administration, as the startup has pushed back on using its Claude AI for surveillance applications.

tech
Rani Molla

Meta is bringing back facial recognition for its smart glasses

Meta is reviving its highly controversial facial recognition efforts, with plans to incorporate the tech into its smart glasses as soon as this year, The New York Times reports.

In 2021, around the time Facebook rebranded as Meta, the company shut down the facial recognition software it had used to tag people in photos, saying it needed to “find the right balance.”

Now, according to an internal memo reviewed by the Times, Meta seems to feel that it’s at least found the right moment, noting that the fraught and crowded political climate could allow the feature to attract less scrutiny.

“We will launch during a dynamic political environment where many civil society groups that we would expect to attack us would have their resources focused on other concerns,” the document reads.

The tech, called “Name Tag” internally, would let smart glass wearers identify and surface information about people they see with the glasses by using Meta’s artificial intelligence assistant.

Now, according to an internal memo reviewed by the Times, Meta seems to feel that it’s at least found the right moment, noting that the fraught and crowded political climate could allow the feature to attract less scrutiny.

“We will launch during a dynamic political environment where many civil society groups that we would expect to attack us would have their resources focused on other concerns,” the document reads.

The tech, called “Name Tag” internally, would let smart glass wearers identify and surface information about people they see with the glasses by using Meta’s artificial intelligence assistant.

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