1. Tesla Surges After Judge Approves Elon Musk's Settlement with SEC

    Tesla Surges After Judge Approves Elon Musk's Settlement with SEC
    • Tesla rallied Tuesday morning after a judge approved CEO Elon Musk's settlement over a fraud charge.
    • The Securities and Exchange Commission sued Musk last month over allegations that he committed fraud when he said he had "funding secured" to take Tesla private.
    • All eyes are on now on the company's third-quarter earnings report later this month...
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    1. Tough positive, we don't have conviction that [delivery report] is sufficient for Tesla to achieve its GAAP profitability target for Q3.
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