Tesla Earnings Prediction Market Preview: Will Elon Musk Discuss a SpaceX Merger?
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Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Tesla Inc. (NASDAQ: TSLA ) reports third-quarter earnings after the bell Wednesday, a day after CEO Elon Musk confirmed that independent committees are exploring a merger with SpaceX (NASDAQ: SPCX ). Analysts expect adjusted earnings of 43 cents a share on $27.88 billion in revenue, both below year-ago levels. Tesla delivered 486,532 vehicles last quarter, beating estimates but falling 2% year over year. Shares are down roughly 17% this year. Polymarket gives Tesla just a 36% chance of beating earnings expectations, but the more interesting action is on Kalshi, where traders are betting on what Musk and his team will say. "Cybercab" and "Robotaxi" both trade at 99%. Tesla has registered nearly 350 Cybercabs in Austin, but only 187 are active, according to MarketWatch. "Terafab" sits at 92%. Musk said Tuesday that his chipmaking project aims to produce its first test chip by mid-2027, with volume production targeted for 2028. "Regulator / Regulatory / Regulation" trades at 91%. Federal safety officials are investigating whether Tesla's steering-wheel-free Cybercab complies with vehicle safety standards, potentially complicating its expansion. "SpaceX / xAI" stands at 89%, although either name qualifies. Musk outlined potential benefits of a merger Tuesday, including shared AI...
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Its energy division chief, Mike Snyder, departed last week as the company expands battery production in Texas.
