Good evening, you're tuned into Markets Desk.
Tesla shares took a hit today as the company's much-anticipated Cybercab launch failed to impress. Investors had priced in a broader rollout, and what they got fell short of expectations. The stock slid as the market made clear it has little patience for vision without near-term delivery timelines.
Turning to geothermal energy, Fervo Energy has been a volatile name since its IPO this past May. The stock surged out of the gate, then gave back those gains sharply, and now trades below thirty dollars. The question for investors is whether the pullback represents a real entry point or a warning that the market is still skeptical of geothermal's commercial scalability.
And on the retirement beat, a reminder that Social Security timing decisions carry serious long-term consequences. Claiming benefits at sixty-two locks in a permanent reduction of up to thirty percent compared to waiting until full retirement age. With a potential twenty-two percent system-wide cut already in the conversation, taking that early claim could compound the damage significantly.
That's the tape. Markets Desk, signing off the floor.
