Tesla Stock: Bull and Bear Case Into Tonight’s Q3…
By Tobi Opeyemi Amure
AI summary of the source article
Tesla shares rose after Elon Musk revealed that Tesla and SpaceX boards formed special committees to evaluate a potential merger ahead of Tesla's Q3 earnings report.
Key facts
- Tesla closed at $373.71 and rose to $380.29 in after-hours trading following news of merger evaluation committees with SpaceX.
- Musk stated independent director committees were formed at shareholder request, but no terms are agreed and approval requires 50 percent of outstanding shares.
- Wall Street consensus estimates non-GAAP EPS of about $0.45 on roughly $28 billion of revenue for Tesla's Q3 2026 results.
Source excerpt · FinanceFeeds
Updated 21 October 2026. Tesla (TSLA) closed at $373.71 on Tuesday 20 October, up $5.65 or 1.5 percent, and rose to $380.29 in after-hours trading at 19:59 ET after Elon Musk said on SpaceX's Q3 call that both boards have formed special committees to evaluate a merger (StockAnalysis, Fox Business). Tesla reports Q3 2026 results after the close on Wednesday, with the call at 17:30 ET (Electrek). Co…