Should You Buy Tesla Stock After the SpaceX-xAI Merger?

Tesla just posted its first annual revenue decline on record. Full-year revenue fell 3% to $94.8 billion in 2025, with automotive revenue — still about 70% of the business — falling 10%. Vehicle deliveries plunged 16% in the fourth quarter and 9% for the full year.Still, the strategic logic is clear: xAI could benefit from computing capacity provided by SpaceX's orbital data centers. Tesla's energy storage systems could also help power those data centers using solar energy in space.The technical challenges ...