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Tesla Rises 4% Ahead of Q3 Report as Musk Backs SpaceX Merger Idea; Rivian and Lucid Inch Higher

Source: 247wallst.com

M&A & RestructuringAutomotive & EV
Tesla Rises 4% Ahead of Q3 Report as Musk Backs SpaceX Merger Idea; Rivian and Lucid Inch Higher

Tesla shares are being lifted by a merger premium relative to the broader electric-vehicle group after CEO Elon Musk said combining Tesla with his rocket company would be a good idea. The article reports no proposed deal terms or numerical share-price move.

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