Tesla shares faced selling pressure in Friday's US trading session.
📊 Market update (November 13):
- Closing price: $390.22
- Daily change: -1.82%
- After-hours: $387.16
- Market capitalization: Approximately $1.54 trillion.
🔥 What's influencing the stock?
Reports of a potential Tesla–SpaceX merger have attracted significant investor attention. A deal could potentially be announced in December or early 2027, although no agreement has been confirmed.
Tesla also reported quarterly revenue of $28.05 billion, slightly below analyst expectations, while earnings per share beat estimates.
👀 Market outlook:
Investors are watching merger developments, financial performance, and Tesla's future growth prospects.
Will TSLA recover, or could more volatility be ahead?#StockMarket #WallStreet #Investing #Nasdaq #Stocks