Tesla CEO Elon Musk posted an informal poll on social network X asking whether his publicly traded automaker should invest $5 billion into his newest startup, xAI. Specifically, he asked: “Should Tesla invest $5B into @xAI, assuming the valuation is set by several credible outside investors? (Board approval & shareholder vote are needed, so this is just to test the waters)”

The billionaire CEO — who concurrently runs Tesla, SpaceX, The Boring Co., Neuralink, X Corp., and now xAI — shared the poll shortly after Tesla’s second-quarter earnings call concluded on Tuesday evening. Tesla reported earnings that fell shy of analysts' expectations for the fourth consecutive quarter and declining revenue in its core automotive segment. However, the company saw soaring energy storage sales and focused investors’ attention on a future filled with its robotaxis and humanoid robots now in development. Shares of Tesla declined more than 7% after hours following the company’s second-quarter update.

During the Tuesday earnings call, shareholders asked Musk whether Tesla might invest in xAI and integrate xAI’s software, named Grok, into its vehicles. Musk replied, “Tesla is learning quite a bit from xAI. It’s been actually helpful in advancing Full Self-Driving and in building up the new Tesla data center. With regards to investing in xAI, I think we’d need to have a shareholder approval of such investment. But I’m certainly supportive of that if shareholders are.” The $5 billion number did not come up until Musk posted the poll after the call. He did not elaborate on the ways in which Grok was “advancing” the company’s driving technology.