Investment
Features
FeesSafety
Academy
More
Pluang+

Tesla unveils next-gen Roadster with 0.81s 0-60 mph and 0.5 Mach speed target; 3M fights $1.38B PFAS lawsuit; KFC switches to Coca-Cola; Southwest revamps loyalty program.

Market News
16 Oct 2026
Seeking Alpha
View Source
Neutral
Tesla unveils next-gen Roadster with 0.81s 0-60 mph and 0.5 Mach speed target; 3M fights $1.38B PFAS lawsuit; KFC switches to Coca-Cola; Southwest revamps loyalty program.

Tesla revealed its next-generation Roadster featuring a dramatic demo with 0.81 seconds 0-60 mph acceleration and aims for a top speed of 0.5 Mach (~383 mph), with production set for 2028. 3M is contesting a $1.38 billion Australian lawsuit over PFAS contamination linked to firefighting foam, challenging legal grounds and consumer protection claims, with court proceedings in December. Yum! Brands' KFC announced it will switch its U.S. beverage partnership from PepsiCo to Coca-Cola starting January, updating its drink offerings. Southwest Airlines is revamping its Rapid Rewards loyalty program for 2027 by introducing new Silver, Gold, and Platinum tiers to enhance benefits and attract premium customers.

Tesla shares rose 3.48% to USD 375.07 on Pluang as of Oct 16, 2026 18:11 WIB, reflecting investor interest around its new Roadster announcement. Meanwhile, 3M's stock was nearly flat, up 0.04% at USD 165.39, as it prepares for upcoming court proceedings in December. Yum! Brands edged down slightly by 0.07% to USD 150.72, coinciding with its shift in beverage partnership from PepsiCo to Coca-Cola starting January.

More News (TSLA)

Tesla stock jumps 4.5% after CEO unveils new flying car and merger talks with SpaceX heat up

Tesla stock jumps 4.5% after CEO unveils new flying car and merger talks with SpaceX heat up

Tesla's stock rose 4.5% in premarket trading after CEO Elon Musk revealed a new Roadster model with flying capabilities developed with SpaceX. The event sparked investor excitement and speculation about a possible Tesla-SpaceX merger, potentially boo...

Market News
Bullish
5 hours ago
Tesla Q3 earnings to reveal if vehicle deliveries and energy growth offset automotive pressures

Tesla Q3 earnings to reveal if vehicle deliveries and energy growth offset automotive pressures

Tesla's Q3 earnings report, due October 21, will show if stronger-than-expected vehicle deliveries and growth in energy storage can balance challenges in its automotive segment. The company produced 464,391 vehicles and delivered 486,532, slightly do...

Company Fundamentals
Bearish
8 hours ago
Tesla's Cybercab robotaxi fleet in Austin grows eightfold to 300+ vehicles, with Dallas expansion planned.

Tesla's Cybercab robotaxi fleet in Austin grows eightfold to 300+ vehicles, with Dallas expansion planned.

Tesla has rapidly expanded its Cybercab robotaxi fleet in Austin, increasing the number of vehicles more than eight times within a month to over 300. This significant growth suggests Elon Musk's vision for autonomous robotaxis is gaining traction. Th...

Market News
Bullish
10 hours ago
Tesla unveils redesigned Roadster with SpaceX thrusters, promises 2028 launch with extreme performance.

Tesla unveils redesigned Roadster with SpaceX thrusters, promises 2028 launch with extreme performance.

Tesla revealed its redesigned second-generation Roadster featuring SpaceX thrusters that enable extreme maneuvers like flips and hovering. CEO Elon Musk demonstrated the car performing stunts using compressed air thrusters and announced production wi...

Others
Bullish
14 hours ago
Tesla stock rated Hold due to high growth demands and competition risks despite strong business.

Tesla stock rated Hold due to high growth demands and competition risks despite strong business.

Tesla's integrated software, manufacturing, charging, and energy sectors maintain a premium valuation, but future profitability faces challenges from robotaxi and humanoid competitors. Analyst Oliver Rodzianko values Tesla stock at $367, requiring ag...

Analyst Insights
Neutral
19 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App