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Tesla to Poll Shareholders on xAI Investment

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Tesla to Poll Shareholders on xAI Investment

Tesla CEO Elon Musk plans to survey shareholders on whether the electric vehicle maker should invest in his AI company, xAI. This follows a Wall Street Journal report suggesting SpaceX might contribute $2 billion to xAI, which is developing the Grok chatbot. Musk clarified that the final investment decision rests with Tesla's board and investors, not solely him. He previously polled X users on a potential $5 billion investment, emphasizing the need for board approval.

Prepared by Christopher Adams and reviewed by editorial team.

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