Tesla May Soon Hold Shareholder Vote on Investing in Elon Musk’s AI Company xAI
Tesla may let shareholders vote on investing in Elon Musk’s AI startup xAI, launched in 2023. Musk hinted at the development in a post on X (formerly Twitter). As per reports, SpaceX has already agreed to invest USD 2 billion in xAI.
Tesla will likely offer shareholders a chance to invest in Elon Musk-run xAI, his artificial intelligence company launched in 2023. The news gained attention after Musk shared a post on July 14, 2025, on X (formerly Twitter) and said, “It’s not up to me. If it was up to me, Tesla would have invested in xAI long ago. We will have a shareholder vote on the matter.” It signals that a vote could be held to decide Tesla’s potential involvement in xAI’s future. As per a report of Wall Street Journal, Elon Musk’s SpaceX has already agreed to invest USD 2 billion in xAI. Grok Not Replying on X Again? Users Claim Elon Musk’s AI Chatbot Has Stopped Responding, Second Such Incident in July.
Elon Musk Says ‘We Will Have a Shareholder Vote on the Matter’
It’s not up to me. If it was up to me, Tesla would have invested in xAI long ago.
We will have a shareholder vote on the matter.
— Elon Musk (@elonmusk) July 13, 2025
(The above story first appeared on LatestLY on Jul 14, 2025 05:41 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
