On Monday, billionaire Elon Musk made it clear that he does not support merging Tesla (NASDAQ:TSLA) with his AI startup, xAI. Responding briefly on social media platform X, Musk simply replied “No” when asked if the two companies would combine.
This comes shortly after Musk revealed plans to seek shareholder approval for Tesla to invest in xAI, signaling his intent to maintain the companies as distinct entities. His remarks underscore a strategy focused on collaboration through investment rather than a full corporate merger, contingent on the outcome of the shareholder vote.
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