Tesla Falls 5% in Premarket Trading as SpaceX Drops 2.5%

Tesla fell 5% in U.S. premarket trading Thursday, Oct. 22, while SpaceX declined 2.5%, and Tesla’s annual capital expenditure forecast was lowered. At 4:07 a.m. ET (08:07 UTC), IBM was down 5.6%, the largest decline among the three companies. Tesla’s move was 2.5 percentage points larger than SpaceX’s, amounting to twice the percentage drop. IBM fell 0.6 percentage point more than Tesla and 3.1 points more than SpaceX. The ranking by decline size was IBM first, Tesla second and SpaceX third. All three changes came from the same premarket snapshot, so the comparison covers the same trading window.