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At close · Thu, Oct 22, 2026
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Home›US Markets›Equities›Tesla Profit Slumps as Elon Musk’s Car Company Conside…

Tesla Profit Slumps as Elon Musk’s Car Company Considers Merging With SpaceX

The carmaker, which is controlled by Elon Musk and is considering merging with another of his companies, SpaceX, spent heavily on artificial intelligence and other new technologies.

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