Tesla’s Elon Musk says his new company xAI will ‘enhance’ Tesla value

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Tesla Inc. Chief Executive Elon Musk said that his new venture, a startup focusing on artificial intelligence, will not compete with the EV maker but instead...

Tesla Inc.

Chief Executive Elon Musk said that his new venture, a startup focusing on artificial intelligence, will not compete with the EV maker but instead may even “enhance the value of Tesla.” Speaking at Tesla’s conference call after quarterly results late Wednesday, Musk said that xAI, whose launch he announced on Twitter last week, was a way to retain “some of the world’s best AI engineers and scientists” who were not interested in joining Tesla but were open to coming to a startup, Musk said.

Chief Executive Elon Musk said that his new venture, a startup focusing on artificial intelligence, will not compete with the EV maker but instead may even “enhance the value of Tesla.” Speaking at Tesla’s conference call after quarterly results late Wednesday, Musk said that xAI, whose launch he announced on Twitter last week, was a way to retain “some of the world’s best AI engineers and scientists” who were not interested in joining Tesla but were open to coming to a startup, Musk said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla earnings: What to expect from the Cybertruck makerTesla earnings arrive Wednesday amid a rally for Tesla stock and Cybertruck's arrival.
Source: MarketWatch - 🏆 3. / 97 Read more »