Tesla (TSLA) Stock Drops 2% Even After a Flying Roadster Demo

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. The stock traded as low as $349.33 and closed the prior session at $362.44. Tesla, Inc., TSLA Volume ran heavy. About 61.6 million shares changed hands, roughly 21% above the daily average of 50.8 million.

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