Elon Musk said Tesla (TSLA.O) halved RAM on its AI5 chip to 72GB (LP5) and reduced RAM on its AI6 chip by one-third to 144GB (LP6).

South Korea's KOSPI closed up 32.39 points, or 0.46%, at 7,003.74 points on Friday, Oct. 2.

Used prices for the Wenjie series rebounded over the National Day holiday after a small September dip, with some listings rising several hundred to several thousand yuan and the M7’s average price up by several thousand yuan in October. Dealers said September social-media speculation about the Huawei–SERES partnership increased buyer caution and modestly pressured both acquisition and retail prices, but the overall impact was limited. Multiple dealers dismissed online claims of a "collapse" as attention-seeking; clarity on contract renewals has eased concerns over the brand’s future and market confidence is recovering.