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JPMorgan says Tesla-SpaceX merger idea has logic: is TSLA a buy now?

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JPMorgan says Tesla-SpaceX merger idea has logic: is TSLA a buy now?

Tesla (TSLA) traded lower amid debate on whether a potential future tie-up with SpaceX could alter its valuation narrative. The stock closed around $402.90, down over 4% on Tuesday, and remained weak into pre-market on Wednesday.

Analysis

Tesla (TSLA) traded lower amid debate on whether a potential future tie-up with SpaceX could alter its valuation narrative. The stock closed around $402.90, down over 4% on Tuesday, and remained weak into pre-market on Wednesday.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.30

Ticker Sentiment

TSLA-0.35

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