TSLA342.2702.31%
GM86.7700.38%
F14.3650.475%
RIVN15.360-0.46%
CYD45.240-0.32%
HMC31.5800.38%
TM191.1102.4%
CVNA75.6201.92%
PAG219.8501.18%
LAD377.550-1.10999%
AN209.4101%
GPI263.9500.94001%
ABG210.6600.08%
SAH80.8301.59%
TSLA342.2702.31%
GM86.7700.38%
F14.3650.475%
RIVN15.360-0.46%
CYD45.240-0.32%
HMC31.5800.38%
TM191.1102.4%
CVNA75.6201.92%
PAG219.8501.18%
LAD377.550-1.10999%
AN209.4101%
GPI263.9500.94001%
ABG210.6600.08%
SAH80.8301.59%
TSLA342.2702.31%
GM86.7700.38%
F14.3650.475%
RIVN15.360-0.46%
CYD45.240-0.32%
HMC31.5800.38%
TM191.1102.4%
CVNA75.6201.92%
PAG219.8501.18%
LAD377.550-1.10999%
AN209.4101%
GPI263.9500.94001%
ABG210.6600.08%
SAH80.8301.59%

Elon Musk denies report of xAI and Tesla revenue-sharing deal

In July, Musk revealed that he and Tesla’s board would discuss a $5 billion investment in xAI, but no further details have been made public.
Elon Musk has dismissed claims that his artificial intelligence startup, xAI, has been discussing sharing future Tesla revenue

Elon Musk has dismissed claims that his artificial intelligence startup, xAI, has been discussing sharing future Tesla revenue in exchange for access to xAI’s technology and resources. According to The Wall Street Journal, Tesla was considering licensing xAI’s AI models to enhance its driver-assistance and full self-driving (FSD) technologies, with potential revenue-sharing between the two entities.

Musk quickly responded via his social media platform, X, stating, “Tesla has learned a lot from discussions with engineers at xAI that have helped accelerate achieving unsupervised FSD, but there is no need to license anything from xAI. ” He called the report “not accurate.”

The Wall Street Journal, citing unnamed sources, suggested that xAI would support the development of various Tesla features, including a voice assistant for electric vehicles and software for the company’s humanoid robot, Optimus. The publication also noted that a proposed revenue-sharing agreement between xAI and Tesla could be based on how extensively Tesla utilized xAI’s technology compared to its in-house developments. A potential even split of FSD revenue was reportedly discussed among xAI executives.

xAI, which Musk launched last year to compete with Microsoft-backed OpenAI, has raised concerns over whether Tesla’s resources might be used to support the AI startup. Musk mentioned that xAI could assist in advancing Tesla’s full self-driving capabilities and build the company’s new data center. He also suggested integrating xAI’s chatbot, Grok, with Tesla’s systems.

In July, Musk revealed that he and Tesla’s board would discuss a $5 billion investment in xAI, but no further details have been made public.

Read More
More from Articles
Charlie Obaugh acquires Campus Ford in Virginia

Charlie Obaugh acquires Campus Ford in Virginia

- August 14, 2026
Charlie Obaugh Auto Group has acquired Campus Ford in Waynesboro, Virginia, from Matt McMurray. The transaction was announced in August 2026, with Performance Brokerage Services serving as the exclusive buy-side...
Revised USMCA proposals could cost billions annually, Detroit automakers warn

Revised USMCA proposals could cost billions annually, Detroit automakers warn

- August 14, 2026
On the Dash: USMCA revisions raising U.S. content thresholds to 50% could add at least $2 billion in annual costs per company. GM projects $2.5 billion to $3.5 billion in...
New-vehicle inventory tightens to 75 days' supply as July sales climb 8.5%

New-vehicle inventory tightens to 75 days’ supply as July sales climb 8.5%

- August 14, 2026
On the Dash: New-vehicle inventory drops to 75 days' supply as July sales climb 8.5%. Toyota, Lexus and Honda keep the tightest inventories while Stellantis works through excess stock. ...
Cox Automotive report finds dealers use AI widely, results still lag expectations

Cox Automotive report finds dealers use AI widely, results still lag expectations

- August 14, 2026
On the Dash: Focus AI investments on measurable dealership needs, not adoption for its own sake. Prepare teams for shoppers who are using AI before they reach the showroom. Build...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.