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Elon Musk Rules Out Tesla-xAI Merger

Market News
14 July 2025 10:25AM

On Monday, billionaire Elon Musk made it clear that he does not support merging Tesla (NASDAQ:TSLA) with his AI startup, xAI. Responding briefly on social media platform X, Musk simply replied “No” when asked if the two companies would combine.

This comes shortly after Musk revealed plans to seek shareholder approval for Tesla to invest in xAI, signaling his intent to maintain the companies as distinct entities. His remarks underscore a strategy focused on collaboration through investment rather than a full corporate merger, contingent on the outcome of the shareholder vote.

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This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
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