Tesla’s $2B xAI Investment Buys Under a 1% Stake

January 28, 2026

Tesla’s board proceeded with a $2B purchase of xAI preferred stock after shareholders rejected a nonbinding authorization measure; the stake was under 1%.

Tesla xAI

Sources

TechCrunch

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Additional sources

CNBC

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Tesla to invest $2 billion in xAI, Elon Musk's OpenAI competitor

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