Veytics Intelligence
2026-10-16 · CNBC

Stocks making the biggest moves premarket: Tesla, SpaceX, Alcoa, CoreWeave, Travelers & more

Check out the companies making the biggest moves premarket: Tesla — Shares climbed nearly 5% after the EV maker unveiled its long-awaited second-generation Roadster . The vehicle uses SpaceX-developed rocket-style thrusters and demonstrated aerial maneuvers at the event Thursday. Tesla describes it as the world's first flying car and expects production to begin in 2028. SpaceX — The rocket company also got a boost from the Tesla Roadster unveil, rising more than 1%. A price target increase from Evercore ISI and rival Blue Origin laying out plans to ramp New Glenn launches to multiple flights per week by the end of the decade lifted the stock as well.

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