TESL is trading at $14.17, up 3.16%, as Tesla shares rose before the open after Elon Musk said Tesla and SpaceX formed committees to discuss a possible merger.
- Discussions remain preliminary, with no agreed terms. Tesla reports earnings after the close, adding to investor focus.
- Consumer discretionary shares were broadly higher in the latest sector report, while Netflix’s weak outlook was a counterweight.
- Major indexes were modestly positive, a supportive but not dominant broad-market backdrop.