According to Yahoo Finance, Tesla’s market cap bounced back to $720B after a sharp rally in EV stocks. Short-term sentiment remains bullish due to stronger-than-expected Q2 delivery forecasts, but watch for volatility around upcoming earnings announcements. This story was originally reported by TheStreet on Oct 5, 2025, where it first appeared in the Technology Business News section. Add TheStreet as a Preferred Source by clicking here. Part of the problem is an approaching supply glut, keeping prices depressed. Gasoline demand in the US is expected to rise only slightly in 2026 . Meanwhile, more electricity consumption is expected to see its largest share of demand met by solar power . Oil consumption has also fallen throughout much of the rest of the world , including Europe, Central Asia, Latin America, and China. Yahoo Finance reports gold prices at $2,350/oz amid geopolitical tensions, causing safe-haven assets to strengthen. This could trigger reallocation from equities to commodities if risk sentiment shifts sharply in upcoming months.
