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General Tech

Tesla’s sell ratings hit an 11-year low as SpaceX merger hopes grow

Only five of 60 analysts tracked by Bloomberg rate Tesla a sell, the lowest share since early 2015. Barclays upgraded the stock to overweight on Monday, calling a SpaceX merger “a key part of the Tesla bull case“, after BNP Paribas and CLSA dropped their sell ratings last week.

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Startups

Skydance offers staff buyouts after Warner Bros merger

Skydance, the company formed by Paramount’s $110bn takeover of Warner Bros. Discovery, is offering some employees voluntary buyouts as it looks to cut costs. Co-chief executives David Ellison and Ynon Kreiz announced the programme in a memo to staff on Monday, The Hollywood Reporter reported.

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