Tesla Stock Rises on Potential xAI Investment, Analysts Predict Merger

Reported about 11 hours ago

Tesla's stock increased following CEO Elon Musk's indication that Tesla may invest in his xAI startup, subject to shareholder approval. Despite Musk's assertion that he prefers no merger with xAI, analysts like Dan Ives foresee a potential full merger as a future direction, which could significantly enhance Tesla's AI capabilities.

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