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Elon Musk says Tesla-SpaceX merger being considered
(www.bbc.co.uk)
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Do you even have to ask? Tesla sucks, it's being held up because it's a gambling stock, a meme stock, it has no fundamentals, it's P/E ratio is astronomical. Their flagship product was a flop.
This flying car thing is a joke, but his fan boys will eat that shit up. I can't wait for the market to correct, but I can because we just know the feds will bail them all out, and that follows for a democratic government too I'm afraid if history is any judge, and it is.
Now that spacex has been saddled with twitter/grok, I wouldn't say its particularly healthy either, but I am no expert. SpaceX alone was a genuinely innovative company, and still is a leader in space, but I dunno if it will continue now, or if it will just become another meme stock.
Also a late joke, Top Gear made a Vauxhall Astra fly decades ago.
https://m.youtube.com/watch?v=5eRdzSWv8NY
Similar stunt too, stripped it out, filled with helium.