Tesla secures SpaceX stake through xAI merger ahead of IPO

2026-3-13 22:08

Tesla converts its xAI investment into a small SpaceX stake as Elon Musk restructures his companies ahead of the rocket makers planned IPO. The post Tesla secures SpaceX stake through xAI merger ahead of IPO appeared first on Crypto Briefing. origin »

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Tesla Worries Wall Street as Employees are Blindsided by Store Closures

Last week, Tesla CEO Elon Musk slashed the price of the Model 3 to $35,000 as a part of a larger strategy to compete against conventional car makers and increase profitability. In a letter sent to employees, Musk disclosed that the company generated its first profit in the third quarter of last year and will prioritize financial stability in the years ahead.

2019-3-5 16:41