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Elon Musk wants Tesla to invest $5 billion into his newest startup, xAI — if shareholders approve

by Editor July 24, 2024, 3:49 pm 1.3k Views

Elon Musk wants Tesla to invest $5 billion into his newest startup, xAI — if shareholders approve

Musk is attending Cannes Lions this week with an aim to reassure ad groups and global brands over the future of X.

Marc Piasecki | Getty Images

Tesla CEO Elon Musk posted an informal poll on social network X asking whether his publicly traded automaker should invest $5 billion into his newest startup, xAI.

Specifically, he asked: “Should Tesla invest $5B into @xAI, assuming the valuation is set by several credible outside investors? (Board…

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