The billionaire entrepreneur said Tesla shareholders would vote on investing in xAI as he seeks to tap his own companies to help fund his artificial-intelligence startup.

Musk said "Tesla would have invested in xAI long ago" if it was up to him.

Tesla will hold a shareholder vote on whether Elon Musk’s carmaker should invest in his artificial intelligence startup, xAI, the billionaire said in a post on X Sunday.

Tesla Inc. plans to poll shareholders on whether to invest in xAI, Elon Musk said after the Wall Street Journal reported SpaceX was prepared to funnel $2 billion into the Grok chatbot developer.

The money behind Elon Musk’s trillion-dollar empire is increasingly flowing in one direction: toward artificial intelligence.

Elon Musk ruled out a merger between Tesla and xAI but said he plans to hold a shareholder vote on investment in the artificial intelligence startup by the automaker, in the latest step to deepen integration across his business empire.

CEO of Tesla Elon Musk said Monday he doesn't support a merger of his automotive company with his AI and technology company xAI, even though Tesla shareholders will vote on making an investment into xAI.

Elon Musk’s AI company, xAI, has apologised after its chatbot Grok made headlines for generating offensive outputs. All you need to know