Investing.com -- Tesla on Wednesday said its quarterly automotive gross margin improved and its free cash flow turned positive, sending shares of the company up more than 1% after hours. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » The electric vehicle (EV) maker's results come a day after top boss Elon Musk said Tesla and SpaceX had each formed special committees to explore a potential merger. Musk's comments came on SpaceX's earnings conference call. He serves as the CEO of both firms and is not on either committee. Musk cautioned that there was "no guarantee" a deal would eventually be reached.
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