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

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This story was selected and curated by our editorial team in the Artificial Intelligence category. Published on October 21, 2026 • Originally reported by Jack Ewing. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
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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