Elon Musk says he isn't ruling out merging xAI and Tesla

Elon Musk said he won't rule out merging his AI startup with Tesla.

Dado Ruvic/REUTERS

• Elon Musk said it's "not out of the question" to merge his AI startup with Tesla if shareholders approve.
• xAI, which Musk founded in 2023, acquired X in March in an all-stock purchase.
• Tesla shares rose 0.5% but dipped in after-hours Tuesday, remaining around 10% down since January 2.

Elon Musk said on Tuesday that he isn't ruling out merging his AI startup with Tesla.

"Well...