Tesla to offer shareholders chance to invest in xAI: Elon Musk

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Tesla will give its shareholders the option to invest in artificial intelligence startup xAI, billionaire owner of both companies Elon Musk said on his social media platform X.

“It’s not up to me… We will have a shareholder vote on the matter,” Musk said in response to a social media user suggesting that the electric car maker take a stake in xAI, which recently acquired X.

“If it was up to me, Tesla would have invested in xAI long ago,” the world’s richest man said.

According to the Wall Street Journal, another company controlled by Elon Musk,…



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Tesla to offer shareholders chance to invest in xAI: Elon Musk



Tesla will give its shareholders the option to invest in artificial intelligence startup xAI, billionaire owner of both companies Elon Musk said on his social media platform X.

“It’s not up to me… We will have a shareholder vote on the matter,” Musk said in response to a social media user suggesting that the electric car maker take a stake in xAI, which recently acquired X.

“If it was up to me, Tesla would have invested in xAI long ago,” the world’s richest man said.

According to the Wall Street Journal, another company controlled by Elon Musk,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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