Elon Musk‘s strategy to leverage resources across his business empire, including Tesla Inc. (NASDAQ:TSLA), SpaceX, and xAI, has sparked investor concerns, particularly after a recent controversy involving chatbot Grok.
What Happened: Musk is promoting a ‘Muskonomy’ strategy that would allow investors to invest in his various businesses, which include SpaceX, X, xAI, and The Boring Company, reported Business Insider. He has even promised to prioritize “longtime shareholders” if any of his companies go public. This strategy could potentially help Tesla meet its AI demands for autonomous driving by leveraging resources across Musk’s other companies.
