TSLA

The technical Wall Street term for investors short selling space stocks right now is “getting your face ripped off.” Shares of commercial space companies were on fire coming into Wednesday trading. Over the past month, shares of Rocket Lab and AST SpaceMobile —to name two—are up 74% and 55%, respectively, leaving them both up more than 380% over the past 12 months.

Today, May 27, 2026, a cheaper-than-expected ES9 launch and surging volume are testing whether Nio’s rebound story has legs.

Chinese electric car company Nio has launched two lower-priced brands in the last two years to broaden its customer base in a sluggish Chinese consumer market.

If Tesla and SpaceX merged—as is a reported possibility—then Elon Musk's combined entity would hold billions of dollars' worth of Bitcoin.

Helping were sales data from Europe that showed Tesla sold 10,654 cars in April, up 46.5% year over year. It’s been a strong year for European EV sales, amid higher oil prices. In 2025, Tesla sold 238,656 vehicles in Europe, down 26.9% year over year.

Tesla stock is approaching key technical resistance levels as improving momentum, bullish reversal patterns, and renewed enthusiasm around Elon Musk’s AI and robotics ecosystem support the setup.

Consumer stocks were higher late Wednesday afternoon, with the State Street Consumer Staples Select

Tesla was granted a patent that applies to robotaxis and Optimus.