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Tesla's profit drops as it explores a possible merger with Musk's other public company, SpaceX

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Tesla's profit drops as it explores a possible merger with Musk's other public company, SpaceX

Tesla reported a decline in third-quarter profit, but generated more cash than analysts expected, leaving investors with a mixed picture as it explores a possible merger with Elon Musk's other big company, SpaceX.

Directly affected

  • TSLA Tesla

    Named in this report.

Indirectly affected

  • SPY SPDR S&P 500

    The broad U.S. stock market

  • TLT iShares 20+ Year Treasury Bond

    Long-term U.S. government bonds

  • QQQ Invesco QQQ

    Large technology stocks

  • GLD SPDR Gold Shares

    Gold can move with the broad market

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TSLA———————
SPY———————
TLT———————
QQQ———————
GLD———————

Tesla's profit drops as it explores a possible merger with Musk's other public company, SpaceX Euronews.com

Source: euronews.com

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Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Tesla's profit drops as it explores a possible merger with Musk's other public company, SpaceX” scores 12 out of 100. The score uses 1 sources.