NewsDialy
"Overlap" is corporate shorthand for when two businesses share enough technology or operations that they become harder to run as separate entities.
Elon Musk used that word to describe what he sees between Tesla (TSLA) and SpaceX, making the comment on an earnings call.
When asked directly about the possibility of a merger between the two companies, he declined to comment.
What Musk said on the call An earnings call is a scheduled event where a public company's management answers questions from analysts and investors, on the record.
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