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Musk: Tesla will put the question of investing in his AI start-up xAI to shareholder vote

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Elon Musk said Tesla will put the question of investing in his AI start-up xAI to a shareholder vote, following reports that SpaceX may commit $2 billion to the company behind the Grok chatbot.

Responding to a question on social media about a potential Tesla investment, Musk clarified that the choice isn’t his to make:

  • “It’s not up to me. If it were up to me, Tesla would have invested in xAI long ago.”
  • “We will have a shareholder vote on the matter.”
Elon Musk robotaxis

This article was written by Eamonn Sheridan at www.forexlive.com.