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Elon Musk denied a Wall Street Journal report that Tesla could separate its China business to clear geopolitical obstacles for a possible merger with SpaceX. Key Points: Musk said discussions about separating Tesla's China operation had never occurred at any level inside the company. Tesla China als

Elon Musk declined to rule out merging Tesla and SpaceX** on Wednesday's earnings call, and one analyst promptly lifted his odds of a deal to 90%. A SpaceX takeover of Tesla would be paid for in shares that have lost roughly 50% since their June peak, and that arithmetic moves the terms daily. Key P

Tesla shares dropped more than 7% in premarket trading Thursday after the automaker missed profit estimates and confirmed capital spending above $25 billion for 2026. Key Points: Tesla posted record second quarter revenue of $28.24 billion, yet adjusted earnings of $0.33 per share fell well short of

Elon Musk declined to rule out a Tesla and SpaceX merger on Wednesday's earnings call, prompting one longtime investor to lift his odds to 90%. Key Points: Musk pointed to growing overlap between the two companies but said an earnings call was not the place to discuss combining them. Deepwater Asset

Cathie Wood's ARK Invest bought 96,935 shares of Elon Musk's Tesla worth about $38 million on Thursday, days after a separate SpaceX bet. Key Points: ARK Invest bought 96,935 Tesla shares valued near $38 million on July 2. The buy landed as Tesla stock fell 7.49% after a strong quarterly delivery re