Overview

Tesla shares were lower after its first-quarter earnings announcement on Wednesday on the company’s bigger-than-anticipated cap-ex expansion, but Wall Street is buzzing about speculation that could keep a bid under the stock for the near future.

The chatter is about a potential merger with SpaceX, Elon Musk’s breakout rocket company that is set to go public later this year at a valuation approaching $2 trillion.

Source: https://www.cnbc.com/2026/04/23/tesla-shares-fall-after-results-but-this-market-speculation-may-keep-the-stock-afloat-for-a-while.html