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Musk asks X followers if Tesla should sink US$5 billion into xAI

  • The billionaire posted the one-line question on his X handle shortly after Tesla reported a fourth straight quarter of disappointing profit

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Elon Musk speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel in Los Angeles, California, May 6, 2024. Photo: Getty Images/TNS

Elon Musk is asking his X followers whether Tesla should invest US$5 billion into his own AI start-up, saying he was “testing the waters” for a potential deal.

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The billionaire posted the one-line question on his X handle shortly after Tesla reported a fourth straight quarter of disappointing profit. On a post-earnings call, Musk was asked about the possibility of the electric car maker investing in xAI or integrating the Grok chatbot into Tesla software.

“Tesla is learning quite a bit from xAI,” Musk told Wall Street analysts. “It’s been actually helpful in advancing full self-driving and in building up the new Tesla data centre.”

The xAI logo is seen near a computer motherboard in this illustration photo taken January 8, 2024. Photo: Reuters
The xAI logo is seen near a computer motherboard in this illustration photo taken January 8, 2024. Photo: Reuters

Musk then said he was supportive of the idea of Tesla investing in xAI if there was shareholder approval. He tweeted out his poll on the matter Tuesday night.

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