Musk says he Doesn't support a merger between Tesla and xAI

Nah cause tesla will go down and take everything with it...

Of course he doesn’t. His current system of two separate companies allows him to keep funnelling Tesla shareholders’ money into his own pocket. If the companies merged he wouldn’t be able to do that.

Off course not. He doesnt care if Tesla goes down under, as its public and he only has a 12% stake in it iirc. For Space X and xAI, that now owns X, he has way more shares in it. This way, with Gronk, the public company is funneling his real money earning conpany. Idk how its allowed that Company B buys the other Company A for a way higher Evaluation just to give it this Evaluation... This seit shouldnt be legal.

When Tesla is at $10 a share, then he'll support a private merger where he and his buddy oligarchs buy the company and take it private. Then a year later, they'll do an IPO of some new company and start the process of fleecing investors all over again. At this point, the issue isn't Musk. The issue is investors seem to be as dumb as a bag of rocks. They are actively seeking out ponzi schemes to put their money in.

He doesn't support it because if that happened xAIs financials and other dealings must be opened up to the public and Musk can't have that.

Smoke, mirrors and disinformation.

This is the game Billioniers play with their companies. Finally they get benefited

So, dumping and buying them back at lower price before merger? Gotcha

Double bluff

Tesla going down now makes no difference.

It’s not like he is the CEO of both companies

Wait'll you hear about Bitcoin...

> Instead, Musk is focusing on leveraging investment as a strategic tool to integrate AI advancements into Tesla’s operations without merging the companies outright. TLDR: Musk will funnel TSLA's $$ to xAI, but he wants no part of that pesky transparency that a merger would bring.

“Gronk” is a Hall of Fame-bound NFL tight end. “Grok” is the crown jewel of AI, having recently declared itself “MechaHitler”. 10 years from now, we will only remember one of these two.

This.

He just got his big contract.

Soo, you’re saying Grok has a chance…

Gronk has a lot of pre-existing slang uses, [mostly non-US](https://onelook.com/thesaurus/?s=Gronk), that are all almost universally insults.

Even though this guy has run several businesses into the ground, this time it will be different.

As if we can believe what Tesla discloses about its finances.

I bet he would support TSLA crashing and xAI buying it. Then he could have everything private and grift all he wants without scrutiny.

Says the person who doesn’t own any.

Mark my words, if Tesla stock goes down to $ 10 a share, Musk goes to prison. In the US, fraud is legal up until you make the investors lose serious money.

It’s almost like he’s actively trolling and trying to prove the TSLA stock will never go down.

Outside Boston and Tampa

A person doesn't own the thing that person doesn't like is strange to you or something?

It's quite the opposite. xAI and X cost TONS of money. Tesla is actually profitable. If he was to merge them, they'd both be unprofitable and the stock would tank. Instead he's using Tesla to invest into xAI, an unprofitable company, to essentially just bleed more money out of Tesla that he can't take from selling his own shares.

~~until you make the investors lose serious money.~~ Until rich people start losing their money.

It's not, but there is nobody enforning the law.

Most of Musks money comes from Space X and not Tesla. xAI "buying" X just made about $30 billion out of air....X before was evsluated at <$10 Billion.

Well no most of his money is from his huge stock sell-offs of TSLA. He bought twitter with that money but then did more major sell-offs since. I agree though that SpaceX is where his actual value comes into play though

Reverse psychology maybe

He doesn’t want the financial disasters of XAI and more importantly twitter to be public. He used XAI to buy (bailout) twitter which is perfect because XAI is private and so no one has to know how dog shit twitter was doing. Now he just wants the MONEY from Tesla injected into XAI to bail it out because buying it with his public company is a big no no. Would let everyone see how poor XAI and twitter are doing. The illusion of massive profits is important to Elons public image.

Tesla was profitable, that's likely no longer the case after the big beautiful bill and how sales tanked this year.

True, which Elon doesn't care about because his stock value is still high and he can sell shares to generate investment money for his other endeavors at the expense of everyone else.

I think the bigger issue is Musk doesn't have full control over Tesla and wants to keep full control over xAI, which he wouldn't after a merger. xAI still needs cash, his solution is for Tesla to directly invest in xAI. That way he can dictate the terms on how much voting rights Tesla actually gets for its investment, and as Tesla CEO he controls what Tesla does with those votes anyway.

He already doesn't have "full" control over xAI because he's needed so much outside investment to keep X and Grok afloat.

At the time of the xAI bought out X back in April, Musk had a 59% stake in the resulting company. Musk has pulled in billions in outside investment but that also has to be weighed against his ludicrous valuation of the company.

They've done more funding since then and will need to do more because of how expensive Grok is to keep running with hardly any money coming in for it.

Until he does.

Someone told him that if Tesla merged with xAI/Xitter it would force financial disclosure of what's really going on in those companies. And also push Tesla's profits into the red even without the loss of tax breaks and emissions credits.

On paper. A couple of points. One, SpaceX isn't terribly liquid, and I'm not sure how banks feel about borrowing against shares in a private company for personal purposes. SpaceX also does regular capital raises, which is not something profitable private companies do. Two, there's significant political risk for SpaceX. Trump could start canceling projects, or direct the FCC to cancel StarLink's licenses, or tell the FAA to ground SpaceX launches. The idea that SpaceX is wildly valuable is tied to the idea of future profits from StarLink, but we have no idea how much money it makes. The constant capital raises indicate that it may not be as much as people think.

Lies. Why would he even bring it up for a vote then?

He absolutely would if that was the means to save it ala Solar City. xAI has an insane burn rate and makes like no money now or in the future. There's no lucrative business to fall back on to like Google / Microsoft / Meta. But for now Tesla is a piggy bank to transfer money over.

Tesla took like 15 years to be profitable and then it was for a few years largely because government money.

Cryptos have a lot of use cases. At heart BTC was a people’s money, and it can never be altered. If governments indexed their monetary reserves on gold or anything that has a limited supplies, we wouldn’t need BTC that much. Compared to USD, that the banks can multiply infinitely, diluting your hard earned money. BTC value is in the protection against inflation, it has become very speculative because well people are greedy. Also it’s a very high technology, as we tried to solve the double spend issue or digital money for decades before someone came the the blockchain. Tesla also did a lot to the EV adoption, in a way it’s also has positive impacts. Don’t throw everything down the drain. It’s greed that make people want shinier stuff all the time and destroy everything nice over and over again. Okay now downvote me to oblivion :)

Bitcoin NEVER was a "people's money". It was and is an insider's money. A tiny amount of early adoptors, nerds, "whales", speculative investors became very wealthy and would become infinitely wealthy if it became a global "money". Where would that value come from? "The people", which overwhelmingly don't hold btc let alone got early prices and would need to scramble for peaces. Bitcoin being "for the people" is one of the most nonsensical myths. The way it was build and implemented can only lead to the most insane wealth transfer in human history, if it ever lived up to the imaginations of its "followers". Literally magnitudes worse than anything any bank or government has done with inflation in history.

Well paper money is responsible for WW1 and 2 so that’s worse than what BTC has done so far. And about the value I explained it but if you are selective about which arguments you take in it’s difficult to have any constructive conversation.

At this point, I’m not sick of seeing Grok’s face on my frickin’ television every Sunday in the Fall

Shouldn’t have been a separate entities from the beginning. Amazing he can just create $Bs with air.

IMHO He’s trying to get Tesla money into his private company Scamming shareholders I don’t think the sec shouldn’t allow someone to have a public company that is so tightly controlled- shareholders ought to be bailing on this charade