Tesla enters India with $70,000 Model Y
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General Motors has accelerated EV sales and market share while Texas-based Tesla cratered this spring due to criticism of Musk.
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Investor's Business Daily on MSNTesla Stock Has A New Base And Cathie Wood Is Buying As Elon Musk Looks To Consolidate Business EmpireCathie Wood and Ark Invest scooped up nearly 60,000 shares of TeslaTSLA in Friday's stock market as CEO Elon Musk seeks further cooperation between his businesses with SpaceX and potentially Tesla investing in his artificial intelligence company,
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.
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In addition to calling for the oversight on Musk's political endeavors by Tesla's board, Ives, a prominent voice in the tech world, also recommended that the board establish a new pay package for Musk that would limit his voting control to 25% and establish guardrails on how much time the tech mogul spends at Tesla.
Musk, never one to pass up the opportunity to showcase his juvenile sense of humor, quote-tweeted the image of the phallic geofence shortly afterwards and wrote “Bigger, longer and uncut” accompanied by a laughing emoji in an apparent reference to the South Park movie.
Musk's announcement comes hours after xAI debuted its latest flagship AI model, Grok 4. The 54-year-old discussed the recent innovation during a nearly hour-long livestream shared on xAI's X page, during which he did not mention the chatbot's integration into Tesla vehicles.
Tesla continues to find solace in EV-friendly Norway despite a sustained sales slump across the rest of Europe.