Tesla is trading at €345.05, up 3.34%, with merger speculation the clearest reported catalyst.
- On October 21, Elon Musk said Tesla and SpaceX boards formed special committees to discuss a potential merger; he called it a “good idea” but cautioned no agreement is guaranteed.
- Reuters reported investor excitement around the possibility. Tesla’s Q3 earnings are due after the market close on October 21.
- Broader market context is mixed.