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Tesla and SpaceX shares fell about 4% premarket as Democrats won the midterms, raising questions about the timeline for a possible Musk merger deal.
Blame game erupts over the crushing defeat as Democrats punish incumbent administration for high cost of living
Elon Musk has opened the door to merging Tesla and SpaceX into a $3.5 trillion (€3.1tn) giant, the latest step in years of folding his companies into one another, with a deal reportedly aimed at closing before US President Donald Trump leaves the White House.
Also, Europe has all but forgiven Tesla CEO Elon Musk and a chip shortage at Stellantis could hamper Fiat output in Italy.
Recent market movements driven by SpaceX earnings and Tesla merger rumors. Microsoft's upcoming Xbox launch and earnings outlook.
Tesla Full Self-Driving is now the centerpiece of the company’s newly revised Referral Program, which launched on October 29. Instead of referring people to purchase vehicles and the referrer receiving $250 in Tesla Credit,
Musk was once adamant his EV company had the cash to sustain itself — it has since received 29 funding rounds and a loan from the Energy Department.
Tesla remains a core buy as it builds unmatched leadership in vehicles, robotics, and energy despite market volatility and valuation concerns. Learn more about TSLA stock here.
Tesla CEO Elon Musk has stirred up another social media controversy, this time with an alternate ending to Star Wars that puts Darth Vader and his family on the throne of the Galactic Empire. The ...
The bottom line: We raised our fair value estimate for narrow-moat Tesla to $475 per share from $450, on higher full self-driving adoption assumptions and a lower near- and medium-term capital expenditures forecast.
What arguably ended up being just an elaborated magic show for gullible people with deep pockets is just the latest in a long line of Elon Musk tricks
