Business · 28 minutes ago

Tesla Beats Forecasts, But One Merger Question Remains Unanswered

Tesla reported third-quarter revenue of $28.05bn, beating Wall Street forecasts, although car sales income fell 3% on a year earlier. Investors had hoped for news on Elon Musk's idea of merging Tesla with his rocket firm SpaceX, but the company refused questions on it. Musk said special board committees are studying the deal. Any eventual merger would require backing from half of all Tesla's shareholders.

By BriefTea Editorial · 22 October 2026 at 6:12

Reported by The Guardian · How we write briefs

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