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Tesla shares rise 5% despite Musk warning of Cybertruck order refunds; Lucid jumps 8% ahead of earnings report.

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09 Nov 2026, 21:04 WIB
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Bullish
Tesla shares rise 5% despite Musk warning of Cybertruck order refunds; Lucid jumps 8% ahead of earnings report.

Tesla stock rose 5% even as CEO Elon Musk warned that many Cybertruck buyers will have their deposits refunded due to production limits. Musk plans to halt Cybertruck production in about eight months to focus on Cybercab robotaxi output. Meanwhile, Lucid's stock jumped 8% ahead of its Q3 earnings report amid concerns over its high cash burn. Rivian also gained 2%, but lags behind its peers. Investors will watch Lucid's earnings closely to see if it can reduce cash burn, while Tesla's broader business model offers multiple growth avenues beyond the Cybertruck.

Tesla shares are up 5.35% on Pluang as of Nov 10, 2026 02:21 WIB, trading at USD 377.37. Lucid is also gaining momentum with a 7.75% rise, priced at USD 3.54. Rivian's stock is up 2.28% but remains less favored by Pluang investors, who show 100% sell activity for this stock.

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