Tesla explores possible merger with SpaceX as third-quarter profit falls

Summary

Tesla reported a decline in third-quarter profit but generated more cash than analysts expected, leaving investors with a mixed picture as it explores a possible merger with Elon Musk's other public company, SpaceX. Euronews reported the results. The Financial Times reported that a merger of Musk's listed companies has some logic, but other shareholders might end up with less influence than they have today.

Timeline

1. Financial Times

   21 Oct 2026, 17:25 UTCSource ↗

   Reports that a merger of Elon Musk's listed companies, Tesla and SpaceX, has some logic, but other shareholders might end up with less influence than they have today.

2. Euronews

   22 Oct 2026, 05:53 UTCSource ↗

   Reports that Tesla's third-quarter profit declined but that it generated more cash than analysts expected, leaving investors with a mixed picture as it explores a possible merger with SpaceX.