Tesla Takes a Stake in xAI, Linking Fortunes of Musk Companies

Tesla Takes a Stake in xAI, Linking Fortunes of Musk CompaniesCONCLUDED[Tesla Stock Falls After Earnings. The Stock Is All About AI Now.]Last Updated:---1 day ago# Tesla Takes a Stake in xAI, Linking Fortunes of Musk CompaniesBy[Al Root](Andrey Rudakov/Bloomberg)Tesla did it. It invested in Elon Musk's AI company xAI."On January 16, 2026, Tesla entered into an agreement to invest approximately $2 billion to acquire shares of Series E Preferred Stock of xAI as part of their recent publicly-disclosed financin ...