Elon Musk sets the stage for Tesla to bail out Twitter/xAI at an insane valuation
Elon Musk, who already suggested Tesla invest in xAI, is now setting the stage for the public company under his control to grossly overpay for xAI, a private company under his control that just absorbed Twitter (X).
Anyone invested in a mutual fund that owns Tesla shares could be about to bail out Musk and his billionaire friends.
