Watching Shares Of Tesla, Elon Musk Post On X Saying, "Looks like the public is in favor. Will discuss with Tesla board." In Response To Earlier Poll, "Should Tesla invest $5B into @xAI, assuming the valuation is set by several credible outside investors?"
Portfolio Pulse from Benzinga Newsdesk
Elon Musk posted on X about a poll asking if Tesla should invest $5 billion into xAI, assuming the valuation is set by credible outside investors. Musk indicated that the public is in favor and that he will discuss it with Tesla's board.
July 25, 2024 | 2:21 pm
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Elon Musk's poll suggests public support for Tesla investing $5 billion into xAI. Musk plans to discuss this with Tesla's board, which could lead to significant strategic investment.
The news indicates a potential strategic investment by Tesla into xAI, which could diversify Tesla's portfolio and enhance its technological capabilities. The public support and Musk's intention to discuss it with the board suggest a high likelihood of this investment proceeding.
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