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Benzinga
Benzinga
Business
Ananya Gairola

Elon Musk Wants Tesla To Invest In xAI, But It's Up To Shareholders: This Analyst Says Grok Is Worth The Bet

Elon Musk XAI X Grok Nasdaq Tesla Inc. Gene Munster Jim Cramer Artificial Intelligence
Paris,,France,-,June,16,,2023:,Elon,Musk,,Founder,,Ceo,

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has made it clear he wants the company to invest in his artificial intelligence startup, xAI — but says the final decision is now in shareholders’ hands.

What Happened: Responding to a post on X, formerly Twitter, Musk said, "It's not up to me. If it was up to me, Tesla would have invested in xAI long ago. We will have a shareholder vote on the matter."

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