Elon Musk ruled out a merger between Tesla and xAI but said he plans to hold a shareholder vote on investment in the ...

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.