Musk clearly opposes the merger of xAI with Tesla (TSLA.US), the $5 billion investment plan still needs shareholder approval.

Zhitong Finance APP learned that Elon Musk clearly stated on social media platform X on Monday in response to investor questions that he opposes merging his artificial intelligence company xAI with Tesla (TSLA.US). This statement came after Musk announced the day before his plans to solicit investment intentions from Tesla shareholders for xAI. Last year, Musk openly discussed the possibility of Tesla investing $5 billion in xAI, emphasizing that the proposal was only to gauge market reaction and specifically clarified that any substantial investment would require formal approval from Tesla's board of directors and major shareholders.