Tesla

Its CEO Elon Musk says this allows the automaker to accommodate increased output of its new Cybercab

The billionaire now faces a resurgent Democratic Party that he has spent years antagonising

The rebound is aided by higher fuel prices, government incentives and continued EV demand growth

The response to any disappointment likely won’t be forgiving, given the reaction to Meta’s rising capex

Musk owns nearly a fifth of Tesla and just under half of SpaceX, and analysts have said a merger would give him control of the combined entity.

Revenue is flat on the year as net income dives 43%; adjusted earnings top Wall Street expectations

The US automaker should dial down on the stunts and focus on its fundamentals 

A combined firm may allocate capital more efficiently but could broaden risk exposure for investors

He says there is ‘a lot of merit’ in combining the two firms, but shareholder support is required