Elon Musk's xAI Eyes Share of Future Tesla Revenue in Potential Deal
Portfolio Pulse from Bibhu Pattnaik
Elon Musk's AI venture, xAI, is in talks with Tesla for a potential deal where Tesla would license AI models from xAI for its Full Self-Driving software. This could involve a revenue-sharing agreement, enhancing Tesla's AI capabilities but raising concerns about resource distribution and conflicts of interest.
September 08, 2024 | 8:18 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Tesla is in discussions with Elon Musk's xAI for a potential AI licensing deal, which could enhance Tesla's Full Self-Driving software. The deal may involve revenue sharing, raising concerns about resource allocation and conflicts of interest.
The potential deal with xAI could enhance Tesla's AI capabilities, which is crucial for its Full Self-Driving software and future products like the robotaxi. However, the deal raises concerns about resource allocation and conflicts of interest, which could impact investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100