Tesla shareholders will vote on potential xAI investment, says Elon Musk: ‘If it was up to me, Tesla would have….’
Tesla CEO Elon Musk said that the electric vehicle maker will give its shareholders the option to invest in artificial intelligence startup xAI. Musk confirmed the news in a post on X (formerly Twitter). Replying to a user who said “Tesla needs to be able to invest in xAI 🙏 otherwise not fair to $TSLA retail investors,” Musk wrote: “It’s not up to me. If it was up to me, Tesla would have invested in xAI long ago,” before adding “We will have a shareholder vote on the matter”.
For those unaware, xAI is an artificial intelligence company started by Elon Musk in early 2023, after OpenAI’s ChatGPT became popular.
