Musk Denies xAI and Tesla Revenue-Sharing Deal Insights

Monday, 9 September 2024, 05:46

Musk denies rumors circulating about xAI and Tesla's revenue-sharing deal, emphasizing no such agreement exists. The speculation raised questions about potential collaboration. This response comes amidst discussions about the future of both companies.
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Musk Denies xAI and Tesla Revenue-Sharing Deal Insights

Musk Addresses Revenue-Sharing Speculation

In recent news, Elon Musk has categorically denied reports suggesting a potential revenue-sharing agreement between xAI and his electric vehicle powerhouse Tesla. This speculation has drawn attention, raising questions about how both entities might collaborate in the future. However, Musk's firm statement indicates that no such discussions are underway.

Implications for Investors

Investors are advised to keep a close eye on future developments, given the rapid pace of innovation in the tech and automotive sectors. This clarification by Musk is essential in refining perception among stakeholders about Tesla’s growth strategies.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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