[Rumor Risk Rating]
✅ True
Elon Musk has publicly stated that **Tesla shareholders will vote on whether Tesla should invest in his private artificial intelligence company, xAI, which now owns the social media platform X (formerly Twitter)**[1][2][3][4]. Musk made the announcement via a post on X, emphasizing that the decision is not solely his to make and must be approved by a shareholder vote during Tesla’s upcoming annual meeting, currently scheduled for November 2025[1][3][4].
xAI, which is behind the “Grok” chatbot and now controls Twitter/X, is a separate private company founded by Musk. Musk has also confirmed no merger is planned between Tesla and xAI, but he is pursuing a formal investment from Tesla into xAI, pending shareholder approval[4][5]. This move follows similar cross-company collaborations within Musk’s business ventures and recent large investments in xAI from another Musk-controlled company, SpaceX[2][3].
In summary, it is accurate that Tesla shareholders will have the opportunity to vote on a potential investment in xAI, according to recent statements and official communications from Elon Musk[1][2][3][4][5].