The Wall Street Journal Reported Saturday Elon Musk's xAI Has Discussed Deal Where It Would Get Some Tesla Revenue In Exchange For Providing Tesla With Access To Its Technology And Resources
Portfolio Pulse from Benzinga Newsdesk
Elon Musk's xAI is in discussions with Tesla to form a deal where xAI would receive some Tesla revenue in exchange for providing Tesla with access to its technology and resources.
September 08, 2024 | 11:52 am
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Tesla is in talks with xAI to potentially share revenue in exchange for access to xAI's technology and resources. This could enhance Tesla's technological capabilities.
The potential deal with xAI could provide Tesla with advanced technology and resources, potentially enhancing its product offerings and competitive edge. This is likely to be viewed positively by investors, leading to a short-term positive impact on Tesla's stock price.
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