Tesla (TSLA) Stock Drops 2% Even After a Flying Roadster Demo
Photo: CoinCentral
TLDR Tesla (TSLA) stock fell 2.1% on Friday to $354.72, after closing at $362.44 the day before. The new Roadster flew in a demo using SpaceX-style air thrusters, but production is not planned until 2028. Tesla reports third-quarter earnings on October 21, with investors watching margins and free cash flow. Analysts hold a consensus “Hold” rating and a $412.33 average price target. Prediction-market odds of a Tesla-SpaceX merger in early 2027 have risen above 50%. Tesla (TSLA) stock fell 2.1% on Friday to $354.72, even after a Roadster reveal that had the internet talking.
Source: CoinCentral
