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Money Quote: Brad Gerstner on What SpaceX Might Pay for Tesla -- WSJ

Money Quote: Brad Gerstner on What SpaceX Might Pay for Tesla -- WSJ

Dow JonesDow Jones2026/10/21 17:24

"If you look at a control premium, it's generally 20 to 30%... In order to make sure this is fair for Tesla shareholders, I actually think they'll err on the side of a higher change in control here because they need to make sure, they want to guard against the lawsuits that invariably come.... I think you're going to see something between $420 a share and let's call it $520 or $550 a share."

--Brad Gerstner, Altimeter Capital CEO, speaking on CNBC today.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

October 21, 2026 13:24 ET (17:24 GMT)

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