Elon Musk’s Tesla to invest $2B in xAI
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During the World Economic Forum on Thursday, Elon Musk said there's a reason human's don't have longer lifespans.
The Tesla call has wrapped up and investors kept their focus on the eye-popping $20 billion capex number. Musk said that the company is making sure it can not only "scale to very high volume with autonomous vehicles,
Elon Musk is a surprise late addition to the World Economic Forum agenda. He is set to appear on Thursday at 10:30 a.m. ET on stage, [interviewed by WEF chair and BlackRock boss Larry Fink](
Elon Musk flew to the Swiss Alps to make his first-ever World Economic Forum appearance. Davos 2026 is nearly over and will hold final events Friday.
Employees of Elon Musk's xAI hosted one of the first gatherings of the new Massachusetts AI Coalition. They held it at the Tesla dealership in Back Bay.
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Tesla did it. It invested in Elon Musk's AI company xAI. "On January 16, 2026, Tesla entered into an agreement to invest approximately $2 billion to acquire shares of Series E Preferred Stock of xAI as part of their recent publicly-disclosed financing round,