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Tesla may invest in xAI, Musk says decision up to shareholders
short by / on Monday, 14 July, 2025
Elon Musk says Tesla's board and shareholders-not him-will decide on a potential multibillion-dollar investment in xAI. This comes after reports of SpaceX pledging $2 billion to the AI firm. Tesla has begun rolling out xAI's Grok chatbot in vehicles. Despite Musk's push, retail sentiment is bearish, and Tesla stock is down 17.3% YTD.
read more at Stocktwits