As Tesla’s sales decline following Musk’s forays into US politics and amid a lack of new models, BYD has overtaken it to become the world’s largest manufacturer of EVs. Its annual revenues surpassed $100 billion for the first time in 2024.

Tesla Inc. plans to poll shareholders on whether to invest in xAI, Elon Musk said after the Wall Street Journal reported SpaceX was prepared to funnel $2 billion into the Grok

Billionaire investor Chamath Palihapitiya sparked speculations regarding a potential megamerger between Elon Musk's biggest ventures, xAI, SpaceX, and, of course, Tesla Inc. (NASDAQ: TSLA).

Tesla will hold a shareholder vote on whether Elon Musk’s carmaker should invest in his artificial intelligence startup, xAI, the billionaire said in a post on X Sunday.

Tesla, the electric car company, may soon ask its shareholders to vote on a major investment in a company called xAI. This announcement comes after reports surfaced that another one of the billionaire CEO’s companies,

Tesla stock rose early Monday as investors overlooked concerns about Elon Musk’s finances after a $2 billion SpaceX investment in his AI startup, xAI, according to Barron's. Musk disputed reports of a new $200 billion capital raise,

Much of Elon Musk’s business empire is in disarray, but his rocket-and-satellite company is riding high.

Elon Musk, after a public fallout with Donald Trump, launched the America Party, aiming to disrupt the political landscape. This move follows his vent