Tesla, Inc. (NASDAQ:TSLA) saw a 5% surge in its stock amid a broader market slump. The surge was attributed to a pullback in the yield of the 10-year Treasury note. Future Fund Managing Partner, Gary Black, suggested that Tesla investors might be anticipating that the company won’t quickly reduce configurator prices in the future. He also highlighted several upcoming catalysts for Tesla’s stock, including the Cybertruck launch, Model 3 refresh, and a licensing deal for full self-driving capabilities. Black projected higher fourth-quarter and 2024 volume estimates than the consensus, suggesting over 500,000 units for the fourth quarter.