U.S. stock market movement | Tesla (TSLA.US) opened higher and rose over 2.6%, with its market value approaching 1.6 trillion dollars

智通财经APP learned that on Tuesday, Tesla (TSLA.US) opened higher and continued to rise. As of press time, it was up about 2.6%, returning to $400, with a total market capitalization close to $1.6 trillion. Since August, the stock has risen by more than 30%. In terms of news, market speculation about a potential merger between Tesla and SpaceX continues to intensify. On the SpaceX earnings call on October 20, Musk confirmed that both parties have set up a dedicated committee to explore the merger, but no specific deal has yet been finalized.