Tesla rose more than 2% in U.S. after-hours trading on Oct. 16, according to market data from BIT (bit.com), while SpaceX was up about 1.5%. The move followed a Roadster presentation in which Tesla showed the flying car briefly lifting off the ground and performing an aerial roll. The vehicle was presented as using cold gas thrusters developed in cooperation with SpaceX. The market reaction tracked the product event, with both companies posting gains in after-hours trading after the demonstration.
Tesla rose more than 2% in U.S. after-hours trading on Oct. 16, according to market data from BIT (bit.com). SpaceX was up about 1.5%.
The move came after Tesla used its Roadster event to show the flying car briefly lifting off the ground and performing an aerial roll. The vehicle was presented as being equipped with cold gas thrusters developed in cooperation with SpaceX.
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