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Musk Suggests Tesla Shareholders Will Vote 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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