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Tesla unveils next-gen Roadster, Apple and Meta team on AI, inflation heats up, Nike invests in India.

Market News
16 Oct 2026
CNBC
View Source
Neutral
Tesla unveils next-gen Roadster, Apple and Meta team on AI, inflation heats up, Nike invests in India.

Tesla revealed its long-delayed next-generation Roadster prototype, set for production in 2028, marking its last human-driven car. Apple and Meta announced a collaboration allowing Meta's AI model Muse Spark to run on Apple's high-end Macs, signaling new tech partnerships. Inflation data showed the highest producer price increases since 2022, driven by energy costs, suggesting the Fed may keep rates steady. Nike is investing in a new global campus in Bengaluru, India, aiming to boost growth amid challenges in China.

Tesla shares are trading at USD 373.65 on Pluang as of Oct 16, 2026 19:51 WIB, up 3.09% in the last day. Nike's stock price stands at USD 37.46 with a modest 0.86% gain over the same period. These movements occur while Tesla prepares for its next-generation Roadster and Nike expands its presence in India, reflecting active investor interest in these companies' strategic developments.

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