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First US Bancshares (NASDAQ:FUSB) Stock, Option Chain

First US Bancshares

First US Bancshares Inc is a bank holding company. The Bank conducts general commercial banking business and offers banking services such as demand, savings, individual retirement account and time deposits, personal and commercial loans, safe deposit box services and remote deposit capture. The Bank provides a range of commercial banking services to small and medium-sized businesses, property managers, business executives, professionals and other individuals.

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First US Bancshares Inc

The week has been a rollercoaster ride in the tech and automotive sectors. From Rivian&#8217;s new limited-edition vehicle to SpaceX&#8217;s controversial delay, Tesla&#8217;s sales slump, and Nikola&#8217;s bankruptcy, there&#8217;s a lot to unpack. Let&#8217;s dive into the top stories of the week.
Rivian Unveils &#8216;California Dune&#8217; Edition R1&nbsp;
Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) introduced a limited edition of its R1 electric vehicle, the California Dune, designed specifically for off-road sand driving. The company emphasized that this edition is built for the extreme conditions of the desert.
<a href="https://www.benzinga.com/tech/25/02/43839672/rivian-unveils-california-dune-edition-r1-ahead-of-earnings-report-catch-it-while-you-can">Read the full article here.</a>
SpaceX CEO Elon Musk Alleges Political Delay 
Elon Musk, CEO of SpaceX, claimed that the return of astronauts Sunita Williams and Butch Wilmore from the International Space Station (ISS) was delayed due to &#8220;political reasons.&#8221; Musk suggested that SpaceX could have brought the astronauts back last year, but the return was pushed past the inauguration date.
<a href="https://www.benzinga.com/general/space/25/02/43877217/spacex-ceo-elon-musk-pegs-delay-in-returning-sunita-williams-and-butch-wilmore-from-space-station-to-political-reasons">Read the full article here.</a>
Rivian&#8217;s Financial Struggles&nbsp;
Fund Manager Gary Black pointed out that Rivian reported a quarterly gross profit for the first time in Q4, but this was due to the sale of regulatory credits, not cost-cutting. Without this revenue, the company would have lost about $13,000 per vehicle sold in the quarter.
<a href="https://www.benzinga.com/tech/25/02/43876738/tesla-bull-says-rivian-is-a-long-way-from-making-money-absent-volkswagen-and-amazon-as-sugar-daddies-they-would-probably-be-history">Read the full article here.</a>
Tesla&#8217;s Sales Slump in California&nbsp;
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has seen a significant drop in its California sales, hitting a four-year low. This decline has raised questions about the impact of CEO Musk&#8217;s political actions on the company&#8217;s appeal.
<a href="https://www.benzinga.com/25/02/43765071/teslas-california-sales-hit-four-year-low-amid-political-concerns-researcher-says-left-leaning-customers-are-turning-away-from-ev-giant">Read the full article here.</a>
Nikola Files for Bankruptcy&nbsp;
Nikola Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKLA#NASDAQ">NKLA</a>) has filed for Chapter 11 bankruptcy and is seeking to auction its assets while continuing limited operations through March.
<a href="https://www.benzinga.com/news/asset-sales/25/02/43811409/nikola-files-for-bankruptcy-seeks-auction-for-sale-of-its-assets">Read the full article here.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/02/43900186/trump-administration-eyes-mineral-rights-deal-with-ukraine-amid-rising-tensions-were-signing-an-agreement">Trump Administration Eyes Mineral Rights Deal With Ukraine Amid Rising Tensions: &#8216;We&#8217;re Signing An Agreement&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>

Rivian's New Edition, Spacex Delays, Tesla's Decline, And Nikola's Bankruptcy: This Week In Mobility

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