With artificial intelligence slowly becoming a more persistent part of our everyday life, companies have turned to AI to help optimize their operations. This includes Tesla, which has been expanding its use of AI in many of its factories around the world.

Shareholders are being urged to invest in his high-risk AI venture xAI, which runs the chatbot Grok and has integrated Musk’s microblog platform X. How Tesla gains is unclear, but investor faith in Musk could yet lead the faltering EV maker to do his bidding.

Tesla will hold a shareholder vote on whether Elon Musk’s carmaker should invest in his artificial intelligence startup, xAI, the billionaire said in a post on X Sunday.

The money behind Elon Musk’s trillion-dollar empire is increasingly flowing in one direction: toward artificial intelligence.

Elon Musk is once again blurring the lines between his companies, and this time, he’s asking Tesla shareholders to help him chase the future of AI.

Elon Musk said on Monday he does not support a merger between his electric vehicle maker Tesla and his artificial intelligence startup xAI, which owns the Grok chatbot and competes with the likes of OpenAI's ChatGPT.

As Elon Musk contemplates the relationship between several of his companies, he said on social media that Tesla shareholders will vote on whether to invest in xAI.

Tesla does not currently have any plans to acquire CEO Elon Musk's artificial intelligence startup xAI, but the electric vehicle maker could invest in the company, Musk said over the weekend.

Tesla stock has forged a new valid base with a traditional buy point and Elon Musk said this about Tesla investment in xAI.