After the UK competition regulator approved the merger transaction worth up to $3.7 billion between Getty Images Holdings, Inc and Shutterstock Inc, Getty Images' share price surged in pre-market trading with an increase of 4.2%.
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The new Roadster, postponed for nine years, finally has a release date! Morningstar maintains Tesla (TSLA.US) target price at $450: Supercars are not the valuation logic, FSD, Robotaxi, and Optimus are.
Tesla has officially announced that the new generation Roadster will be unveiled on October 1. However, institutions generally believe that this is primarily a branding campaign and will have minimal impact on the company's valuation.
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