{
  "id": 15944047,
  "title": "Tesla to report earnings after Elon Musk floats SpaceX merger plan",
  "url": "https://urgent.news/2026/10/21/tesla-to-report-earnings-after-elon-musk-floats-spacex-merger-plan",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-21T19:41:50.000Z",
  "source": {
    "name": "Guardian Business",
    "slug": "guardian-business",
    "url": "https://www.theguardian.com/technology/2026/oct/21/elon-musk-tesla-spacex"
  },
  "original_language": "en",
  "account": "Tesla is scheduled to release its third-quarter earnings on Wednesday, following CEO Elon Musk's suggestion of a potential merger between Tesla and SpaceX. During a meeting with SpaceX investors, Musk expressed his belief in the merits of such a merger, stating that both company boards have formed committees to explore the possibility. However, no agreement has been reached on the terms of the transaction. For the upcoming earnings call, analysts are projecting Tesla to report $27.9bn in revenue and $0.43 per share in earnings, slightly lower than last quarter's figures. The electric vehicle company has faced a challenging year, with falling stock prices and increased competition from cost-effective Chinese automakers. Despite this, Tesla's share price has slightly recovered since the announcement of the potential SpaceX merger. Musk unveiled the company's electric sports car, the Roadster 2, which he claims utilizes technology from SpaceX to \"basically fly like a rocket.\" The vehicle, priced at over $200,000, was demonstrated at a SpaceX facility in Texas, showcasing its ability to navigate complex terrain and perform stunts. While Tesla's vehicle sales might not be as significant as they once were, as the company has shifted its focus towards robotics, autonomous driving, and artificial intelligence, its Optimus robot and driverless taxi service, Robotaxi, have encountered production and scalability challenges. Musk has consistently claimed that Robotaxi would have near-infinite demand and that half of the U.S. population would be using the service by the end of 2025. Nevertheless, the company has yet to meet these ambitious targets, and progress has been slow. Analysts, such as Paul Miller from market research firm Forrester, acknowledge Tesla's achievements but also highlight the company's continued struggles with some of its bolder predictions.",
  "summary": "Musk says ‘there’s a lot of merit’ to potential merger that would require approval of 50% of Tesla shareholders Investors will be paying close attention to Tesla’s third-quarter earnings call on Wednesday, after chief executive Elon Musk floated the idea of merging the car company with his rocket and AI company, SpaceX. On a call with SpaceX investors on Tuesday, Musk said: “There’s a lot of…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "CNBC",
        "title": "Meta and Tesla bulls get confidence boost after SpaceX earnings",
        "url": "https://urgent.news/2026/10/21/meta-and-tesla-bulls-get-confidence-boost-after-spacex-earnings",
        "published": "2026-10-21T16:35:48.000Z"
      },
      {
        "outlet": "Fast Company",
        "title": "Elon Musk: This SpaceX moonshot is ‘no longer impossible’ as blowout earnings spark stock market rally",
        "url": "https://urgent.news/2026/10/21/elon-musk-this-spacex-moonshot-is-no-longer-impossible-as-blowout",
        "published": "2026-10-21T17:30:00.000Z"
      },
      {
        "outlet": "Guardian Science",
        "title": "Tesla to report earnings after Elon Musk floats SpaceX merger plan",
        "url": "https://urgent.news/2026/10/21/tesla-to-report-earnings-after-elon-musk-floats-spacex-merger-plan-15944480",
        "published": "2026-10-21T19:41:50.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "Tesla’s Q3 profit drops as it prepares for possible merger with Musk’s other public company, SpaceX",
        "url": "https://urgent.news/2026/10/21/teslas-q3-profit-drops-as-it-prepares-for-possible-merger-with-musks",
        "published": "2026-10-21T20:56:32.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "Musk's SpaceX results lift global stock markets",
        "url": "https://urgent.news/2026/10/21/musks-spacex-results-lift-global-stock-markets",
        "published": "2026-10-21T21:56:40.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}