Tesla Inc. is considering a shareholder poll to discuss an investment in xAI, with Elon Musk signaling that the final decision rests with the company's board. Previously, Musk tested shareholder interest for a $5 billion investment. xAI, launched by Musk in early 2023, merged with the social media platform X, carrying an $80 billion valuation. Reports indicate Tesla's integration of xAI's Grok in vehicles, despite past content controversies, reflects ongoing collaboration as Tesla navigates declining electric vehicle sales.
Elon Musk has announced that Tesla Inc. will poll shareholders regarding a potential investment in xAI, following reports of SpaceX's $2 billion plan for the chatbot developer.
Musk emphasized that the decision to invest in xAI is ultimately not his to make, highlighting the role of Tesla's board and backers in the investment decisions.
xAI, founded by Musk in early 2023, has merged with the social media service X, with valuations of $80 billion for xAI and $33 billion for X.
Tesla's integration of Grok into its vehicles comes after the chatbot posted antisemitic content, indicating an expanded relationship between Tesla and xAI, amid slumping EV sales.
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