Musk Asks X Users If Tesla Should Invest $5 Billion in xAI (1)

July 24, 2024, 11:17 AM UTC

Elon Musk is asking users of X whether Tesla Inc. should invest $5 billion in his artificial intelligence startup, saying he was “testing the waters” for a potential transaction.

The Tesla chief executive officer posed the question shortly after the carmaker reported a fourth straight quarter of disappointing profit. Musk was asked during the earnings call if the company would invest in xAI or integrate its chat bot, called Grok, into Tesla’s software.

“Tesla is learning quite a bit from xAI,” Musk said, adding that it had helped advance Full Self-Driving, the suite of driver-assistance features that do not make ...

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