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News

Musk, Tesla and xAI

Yahoo Finance · 2d
Tesla May Fund Musk's $113B AI Startup That's Burning $13B a Year--Shareholder Vote Ahead
Tesla (NASDAQ:TSLA) may soon funnel investor capital into xAI, Elon Musk's fast-growingbut cash-hungryAI startup. Musk announced plans to put the idea to a shareholder vote, following SpaceX's recent $2 billion investment into the company.
USA TODAY · 2d
Musk rejects Tesla-xAI merger, proposes shareholder vote on AI investment instead
Investments into xAI would help Grok better compete with OpenAI's ChatGPT by increasing capital toward research and development.
Los Angeles Times on MSN · 2d
Musk says he will seek shareholder approval for Tesla investment in xAI
As Elon Musk contemplates the relationship between several of his companies, he said on social media that Tesla shareholders will vote on whether to invest in xAI.
7h
Elon Musk's SpaceX Commits $2 Billion To xAI In $5 Billion Round As AI Startup Hits $113 Billion Valuation Amid Controversy
SpaceX has agreed to invest $2 billion in Elon Musk 's artificial intelligence company xAI. The investment makes up nearly ...
1d
Tesla: A Pre-Earnings Volatility Play
Tesla balances EV dominance and innovation with the challenges of price competition and rising costs. See why I rate TSLA ...

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