Bloomberg says Musk's allies aim to announce a SpaceX-Tesla merger by mid-2027, combining firms worth around $3.7 trillion, before Trump leaves office.
JPMorgan increased its SpaceX target to $500 on AI growth and outlined a potential Tesla merger with a 30-35% premium.
Tesla said on its earnings call it targets 5 million vehicles per year by 2030 and that 2027 Megapack capacity is nearly sold out.
Tesla Q3 adjusted EPS of $0.48 beat $0.44 estimate; gross margin 19.6% topped 17.8%; free cash flow $1.5B vs expected outflow; revenue $28.05B just missed…
Musk said SpaceX could reach a $500B-$1T ARR run rate by 2027 and that Tesla and SpaceX are exploring a merger.
ARK's updated model values Tesla near $4,400 a share by 2031, with robotaxis representing roughly 80% of the company's projected enterprise value.
Meta, Tesla, SpaceX and Netflix are set to report quarterly results this week, with AI spending and outlooks in focus.
Tesla's flying car reveal prompted a White House joke about beating GTA 6. Elon Musk later said the Roadster could reach 400 mph.
Tesla stock failed to break above key moving averages after flying car unveiling, keeping sellers in control.
Elon Musk unveiled a flying Tesla Roadster at SpaceX's Texas site and called it 'not necessarily a safety-optimized car.'
Tesla unveiled thruster Roadster with $50,000 deposit, targeting 2028. It can flip mid-air, but delivery history is shaky.
Elon Musk's Tesla x SpaceX post revived merger speculation while Polymarket bettors put 60% odds on the Roadster flying for at least a second.
Barclays suggests Tesla-SpaceX merger announcement could come before December.
Tesla plans to demonstrate a hovering Roadster on Thursday, but past reveals have often hurt its stock. Investors await commercial details.
Musk says his companies can eventually make superior chips, with Terrafab costing over $15B; construction could start in December 2026.