Markets fall for the 3rd day. | VIX & Bond yields spike | Japan concerns add pressure | Tesla delivers delights- lifting shares 12% | Trump trades roar

So what are investors doing? Well, they’re buying gold investments and defensive sectors like Telcos, Staples, and food. This is very normal when there’s a risk of a pullback.

Why? Well, billionaire and legendary investor Paul Tudor Jones said he’s positioned his portfolio for a Trump win. So too, billionaire Stanley Druckenmiller. But what’s interesting is that Paul Tudor Jones also said that regardless of who wins the US election, US debt will explode. Meanwhile, he said younger investors should have investments in Nasdaq stocks, gold, bitcoin, and commodities. All of this he has been accumulating. But he also said commodity investments are very underpriced.

Tesla not only sees more sales for the year ahead, more than expected, thanks to a rebound in demand for its vehicles. But the real feather in Elon Musk’s cap was that Tesla confirmed it will start producing its most affordable model yet in the first half of 2025. And this will boost total production by 50% next year.
Also a win for Tesla was that the Cybertruck, launched late last year, became a profitable product line for Tesla for the first time. And all in all, its automotive gross margin, a closely tracked profitability metric for Tesla, surged to 17.1%, a 2.2% rise from the prior quarter.  Keep Tesla on your radar—its shares will probably rev up after falling 18% since September.