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flag Tesla plans to acquire an AI hardware company for up to $2 billion.

flag Tesla plans to acquire an AI hardware company for up to $2 billion in stock, according to an April 2026 filing. flag The deal includes $1.8 billion tied to performance milestones. flag This move aligns with CEO Elon Musk's strategy of shifting focus to AI and autonomous systems, as the company increases capital spending to support these initiatives.

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