Tesla Is Down 16% This Year and Bettors Now Favor a Musk Merger With SpaceX
Options traders treat Tesla (NASDAQ:TSLA | TSLA Price Prediction) and SpaceX (NASDAQ:SPCX) as one Elon Musk trade. The two stocks now trade at a 30-day correlation of roughly 0.7, so when one of the stocks rises or falls, the other usually does, too. Tesla options drew over $400…








