Tesla beats earnings projections after Musk floats SpaceX merger plan

Musk says ‘there’s a lot of merit’ to potential merger that would require approval of 50% of all Tesla shareholders, but he declined to elaborate Investors were paying close attention to Tesla’s third-quarter earnings call on Wednesday afternoon, after chief executive Elon Musk floated the idea of merging the car company with his rocket and AI company, SpaceX.

But they didn’t glean further information after the company announced there would be no questions on the matter. “With regard to a potential merger with SpaceX, I…