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Related tickers and likely impact
TSLA
• NeutralTesla, Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/19/2026 | 368.06 |
| Change that session | +3.76% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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Tesla (TSLA) has recently moved much more in step with SpaceX (SPCX): over the past 20 sessions, their correlation is 0.64, versus 0.15 in SpaceX's first 20 sessions after its June IPO. By contrast, Tesla's correlation with GM and Ford is negative, at -0.10 and -0.14. Since Elon Musk first hinted at a combination of the two companies, Tesla has risen about 4% through Tuesday, while GM and Ford have each fallen more than 11%. After removing Nasdaq 100 moves, the leftover correlation between Tesla and SpaceX is 0.32, which the article links to merger trading; SpaceX is valued at about $2.25 trillion versus about $1.52 trillion for Tesla. Options are pricing a 5.4% move after Tesla's third-quarter report, while Tesla's actual median post-earnings move since 2023 has been closer to 10% in either direction.
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Foreign investors net bought VND 190 billion on HoSE on 21/10, their second net-buying session since Vietnam was upgraded to FTSE Russell's secondary emerging market status effective 21/9, ending 20 consecutive sessions of net selling; the article notes the amount is small relative to earlier selling and a reversal cannot yet be confirmed. BSC estimates about VND 33,000 billion (USD 1.27 billion) of upgrade-related inflows next year, following a roadmap of USD 141 million in September 2026, USD 282 million in March 2027 and about USD 494 million each in June and September 2027. BSC also expects selling pressure from active funds to ease after four consecutive years of net selling, and interbank liquidity to improve as the deposit-credit gap narrowed from VND 2.8 quadrillion to VND 2.7 quadrillion in August, the first decline in 11 quarters.
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