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303 Is Tesla Musk’s AI Company—or is xAI?

The Information
Martin Peers @ The Information · 08/04/2025 20:00 EDT

Is Tesla Musk’s AI Company—or is xAI?

Here’s a question: Which of Elon Musk’s companies is his most AI-focused business? The answer might seem obvious: xAI, developer of Grok. But it’s not that simple, as a letter from two Tesla directors to company shareholders on Monday demonstrates. The letter, explaining the board’s decision to grant Musk a new stock award valued at $23.7 billion to make up for the much bigger option nullified by the Delaware court, said Tesla was transitioning from electric vehicles “towards becoming a leader in AI, roboti

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