Tesla may invest in xAI, Musk says decision up to shareholders
Elon Musk says Tesla's board and shareholders-not him-will decide on a potential multibillion-dollar investment in xAI. This comes after reports of SpaceX pledging $2 billion to the AI firm. Tesla has begun rolling out xAI's Grok chatbot in vehicles. Despite Musk's push, retail sentiment is bearish, and Tesla stock is down 17.3% YTD.