Elon Musk’s SpaceX is considering a potential merger with Tesla as well as an alternative combination with artificial-intelligence company xAI, Bloomberg News reported Thursday, citing people familiar with the matter.

Tesla is preparing to shut down production of its long‑running Model S sedan and Model X SUV this spring, marking a major shift for the company’s Fremont factory in the Bay Area — and for the state’s ...

"This is going to be a very big capex year," he said. "We're making big investments for an epic future."