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Elon Musk Looks to Raid His Empire for Billions

UNITED STATES, JUL 14 – Tesla shareholders are being asked to approve funding for Elon Musk's AI venture xAI, which is expected to burn $13 billion this year amid intense competition in the AI sector.

Summary by WA Today
One of Elon Musk’s babies is bleeding through cash at an alarming rate. He wants Tesla to help fix the problem.

8 Articles

With social media, growing public scrutiny, the scope of disinformation and digital over-exposure, an ad or signal can charge bills in public opinion and corporate finance. Change your reaction to anticipate First step: Identifying risk Recently, the actions of automaker Tesla fell 8% on Wall Street, because its executive director, Elon Musk, announced in X the creation of his own political party in the United States.

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Barchart.com broke the news in on Monday, July 14, 2025.
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