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Tesla-linked perpetual futures have retreated to around $357 on Hyperliquid, reversing an overnight climb toward $380 following Elon Musk\u2019s demonstration of a thruster-equipped Roadster.<\/p>\n
\n Summary<\/span>\n <\/p>\n <\/p>\n Hyperliquid showed<\/a> its TSLA-USDC contract at a mark price of $356.66, down $3.42 over 24 hours, with approximately $247.8 million in daily trading volume and $80.05 million in open interest, the value of outstanding contracts.<\/p>\n On Hyperliquid\u2019s 1-hour chart, the Tesla contract rose from around $360 to $380 on Oct. 16 before retreating to approximately $357. The reversal carried the price below the level where the overnight advance began.<\/p>\n The same chart showed the contract trading near $385 earlier in the week before declining toward $360 ahead of Thursday\u2019s Roadster presentation. Friday\u2019s rebound approached $380 but stopped below those earlier highs, according to the displayed price history.<\/p>\n Across the exchanges listed in RootData\u2019s stock-contract comparison<\/a>, Tesla-linked markets showed negative 24-hour returns. Binance\u2019s TSLAUSDT contract traded at $357.26, down 0.85%, while the displayed declines ranged from 0.84% on OKX to 1.30% on Lighter.<\/p>\n <\/p>\n RootData listed $564.49 million in daily Tesla-linked trading on Binance, compared with $246.64 million on Hyperliquid. Bitget and OKX followed with $78.35 million and $68.46 million, respectively.<\/p>\n The same table showed $45.95 million in turnover on Bybit and $23.37 million on Lighter.<\/p>\n RootData placed Hyperliquid first with $80.12 million in open interest, ahead of Binance\u2019s $64.96 million, Bitget\u2019s $18.04 million and OKX\u2019s $14.87 million.<\/p>\n RootData listed liquidity within 2% of the quoted price at $6.73 million on Hyperliquid and $4.52 million on Binance. Binance nevertheless showed the narrower quoted spread at 0.0028%, compared with Hyperliquid\u2019s 0.0084%.<\/p>\n Hyperliquid identifies TSLA-USDC as a perpetual market independently deployed by xyz. Trade.xyz\u2019s specification index states that the contract references one Tesla common share quoted in US dollars and permits leverage of up to 20 times.<\/p>\n According to the operator\u2019s specifications, the market uses cross-margin treatment. Hyperliquid\u2019s trading interface warns users about low liquidity, high volatility, and elevated liquidation risk in the independently deployed contract.<\/p>\n The instrument provides price exposure without transferring Tesla stock ownership. A separate Anthropic-linked perpetual contract<\/a> examined by crypto.news on Oct. 15 similarly granted no shares, company earnings claims or right to redeem positions for equity.<\/p>\n Trade.xyz\u2019s stock-linked markets previously encountered a pricing disruption in July, when the operator agreed to cover eligible liquidation losses<\/a> involving its SK Hynix contract.<\/p>\n In a statement described in the July 29 coverage, Trade.xyz said multiple independent data providers relayed an executed external-market trade. The contract\u2019s mark price fell 18.7%, from $1,127.90 to $917.25, triggering liquidations of leveraged long positions.<\/p>\n The operator characterized reimbursement as a one-time discretionary decision and said it would review how external venue prices entered its pricing system, according to the same account.<\/p>\n At SpaceX\u2019s McGregor test facility in Texas on Oct. 15, Musk presented the redesigned Roadster using technology developed by Tesla and SpaceX engineers, Reuters reported<\/a>.<\/p>\n AP described cold-gas thrusters and a suction system that enabled short aerial movements and midair spins. Musk named 2028 as the production target, while Tesla had not immediately announced a price, according to the agency.<\/p>\n Tesla\u2019s website labels the rocket feature \u201cNot approved for public road use,\u201d AP reported.<\/p>\n Reuters traced the second-generation Roadster to a prototype unveiled in 2017, when Tesla promised deliveries in 2020. The production target announced on Thursday falls eight years after that original delivery schedule.<\/p>\n During the presentation, Tesla vehicle engineering chief Lars Moravy claimed acceleration from zero to 60 mph in less than one second and a top speed above 230 mph, Reuters reported. The company claimed a driving range exceeding 300 miles.<\/p>\n Tesla\u2019s Oct. 2 operating release reported third-quarter deliveries of 486,532 vehicles against production of 464,391. Model 3 and Model Y accounted for 478,237 deliveries, with 8,295 vehicles listed under other models.<\/p>\n Calculated from Tesla\u2019s figures, deliveries exceeded production by 22,141 vehicles during the quarter. Model 3 and Model Y represented approximately 98.3% of total deliveries.<\/p>\n Tesla reported energy-storage deployments of 13.7 gigawatt-hours over the same period. Its release cautioned that deliveries and storage deployments were only two measures of financial performance, with results dependent on selling prices, costs, foreign-exchange movements and other factors.<\/p>\n The company scheduled its financial results for after market close on Wednesday, Oct. 21, followed by management\u2019s question-and-answer webcast at 5:30 p.m. Eastern Time. Tesla said net income and cash-flow figures would accompany the earnings release.<\/p>\n During the previous quarter, Tesla kept its Bitcoin reserve<\/a> unchanged at 11,509 BTC, according to July 22 coverage of its shareholder update. The company recorded a $112 million after-tax digital-asset loss without buying or selling Bitcoin during the reporting period.<\/p>\n <\/p><\/div>\n\n\n
Tesla futures give back their climb toward $380<\/h2>\n
Binance leads turnover as Hyperliquid holds more open positions<\/h2>\n
Musk\u2019s Roadster demonstration carries a 2028 production target<\/h2>\n
Tesla earnings follow deliveries of 486,532 vehicles<\/h2>\n