Tesla's stock rose 6% following a Barclays upgrade to Overweight, driven by potential merger talks with SpaceX and expected growth from Full Self-Driving tech and Shanghai exports. Barclays raised Tesla's price target to $450, highlighting a possible takeover premium. Meanwhile, smaller EV makers Lucid and Rivian saw their shares decline, as they are not part of the merger discussion. The outcome depends on ongoing committee talks between Tesla and SpaceX, with uncertainty remaining until a deal is confirmed.
Tesla trades at USD 393.15 on Pluang, up 5.64% as of Oct 26, 2026 21:12 WIB, close to its 52-week low of USD 298.16. Lucid and Rivian are down slightly, with Lucid at USD 3.45 (-1.99%) and Rivian at USD 11.63 (-1.69%). SpaceX shares stand at USD 145.60, down 1.28%, reflecting mixed investor sentiment amid merger talks.
Tesla's GAAP operating profit has fallen by more than 50% since late 2023, driven by declining regulatory credits and flat vehicle deliveries. The company now relies heavily on discounted Full Self-Driving (FSD) subscriptions, with services gross pro...
YYForce Inc. praised Tesla and Elon Musk for beginning production of the Optimus humanoid robot in California, marking a key milestone for robotics and AI. YYForce plans to deploy its own humanoid robot at Novotel Singapore in November 2026 to test a...
Tesla's stock debate centers on whether it's a carmaker or an AI platform, with the upcoming Robotaxi fleet as a key catalyst. The company reported Q3 revenue slightly above estimates but faced battery shortages limiting deliveries. Robotaxi's unsupe...
Car rental platform Turo will now identify Teslas equipped with Tesla's Full Self-Driving (FSD) system on its marketplace and offer eligible car owners a free one-month FSD trial. This move aims to increase exposure and adoption of Tesla's advanced d...
Tesla's stock is down 16.71% this year amid heavy R&D spending and flat revenue, but a bold target suggests it could reach $700 by 2030, nearly doubling from current levels. The company delivered 486,532 vehicles last quarter and is expanding its Ful...
