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Tesla and SpaceX have each formed special committees of independent board members to explore a potential merger, Elon Musk announced during SpaceX's quarterly earnings call.
Tesla
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A sharp selloff in artificial-intelligence stocks dragged global markets lower on Thursday, while oil prices surged on worries about the war with Iran.- Published on
Tesla's Q4 earnings call delivered a familiar mix of delayed promises and optimistic projections, with unsupervised Full Self Driving (FSD) now at least six months away—marking the ninth consecutive year that CEO Elon Musk has made such a pledge.- Published on
Tesla reported third-quarter 2026 net profit of $787 million, down 43 percent year over year. Automotive revenue fell 3 percent to $20.6 billion.- Published on
Investors sought details on CEO Elon Musk's floated idea of merging Tesla with SpaceX, but Musk declined to elaborate further.