Elon Musk's AI start-up raises $6 billion: What it means for Tesla investors

Tim Higgins, Wall Street Journal business columnist, joins 'Squawk Box' to discuss Elon Musk's artificial intelligence startup, xAI, raising $6 billion, Musk's $56 billion pay package drama at Tesla, and more.

[mickeycinque]

The biggest lesson I learned in 2023 about the stock market is that nobody knows what will happen next, so practice some humility and low a strategy with a long-term edge.

[Janise-pgyr]

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

[Reginabrown-ypnd]

Despite the financial struggles my family and I faced, everything is finally falling into place!
Weekly earnings and wealth of $47, 000. I will always praise the Lord!!!

[andrerodriguez]

He made allot of average retail investors millionaires. He deserves his pay for the last 6 years. If we strip him all his billions, than to be fair, everyone that made profits with Tesla stock, should give all that money back too. Than is that fair?

[noobmaster]

The man achieved what he promised, now you don't want to pay what you promised? Really?

[gtavsorteio]

It seems everyone is still relying too heavily on the charts now. Imho, when the ETF's stepped into Crypto it changed the game. The Bitcoin Baby has been born and will grow up fast. The Crypto Market now has a rubber stamp of approval. Wall Street is in the game now and It will become the store of value we have been talking about. The rules are already changing. We would have normally had a corrective retrace by now, yet Bitcoin has been steadily rising. The name of the game is getting out with profit, but when exactly to get out this Super Cycle is going to be a tricky one. It's not about guessing the market's next move; it's about playing it smart and steady...managed to grow a nest egg of around 3.4Bitcoin to a decent 18Bitcoin in the space of a few months... I'm especially grateful to Lukas Douglas whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[knt]

If The Mix Between The Two Are Not Related Into Each Other, Mr. Elon Musk Needs To Answer A Lot Of Questions Given NVIDIA Is Getting Into The Market Much Faster Than Anyone Anticipates As It Has Been. Sincerely ❤️❤️❤️, KNT.

[maryamaghaian]

Yes they had a Deal and of course the Board should Honor that Deal!

[trungtpham]

Tim: Exactly, help me spread FUD, CNBC.

[SirIsaacMewtonIII]

it's pretty simple, they had a deal to pay him 50 billion $ if he brought the valuation of the company to where it got, --- they need to honor their contract and pay him. there's really no grey area. people with 1 or two shares should not be able to vote to cancel his previously agreed upon pay package - these are core tenets of the american business system, if every company could dodge paying out their contractual obligations nobody would invest in american companies and the US would be seen as a scam country

[chriswang]

Ok, now they’re saying tsla is a AI company😂

[JohnsonAlima]

👍👍 Thanks for the update! Despite the economic recession, I no longer depend on Government Grants since I acquire $86, 400 weekly profits.

[hansolyoon]

Ive been following tesla since 2016 and the story has changed much.

2016-2018 = dominant ev car company thesis
2019-2022 = energy, ev, fsd
2023-present = energy, ev, artificial intelligence, humanoid robotics, robotaxi

Im waiting for 2025 to see what else changes

[michelep]

"Hey, there's a bubble"

[sireel]

Robotaxi and Optimus are using Tesla's AI.

[denisharding]

My God. Musk is the most straight and committed business leader the world has seen for decades, or maybe centuries. He does what all "the Experts" said was impossible in terms of car design, production & profitability, reduction in carbon emissions, reduction in human misery casued by road deaths and injuries, advanced low cost rocketry that may save our existance, helping paraplegics have a better life.
Has he made mistakes - of course everyone has, but he learns, teaches and shares his successes.
Please show some balance rather than envy.

[echutson]

Give Elon his options!! A deal is a deal! He can’t even exercise them for another five years!

[aaronwhite]

How many times is Elon Musk name mentioned on this program weekly?? As if he's the only guy that can run an American company.

[dgaz]

electric RVs come on elon lets go to the grand canyon.

[miltonthomas]

Does she understand the difference between a large language model and computer vision / navigation? Yes! They are both AI, in the same way lions and kittens are both cats… but they are two very distinct areas. Financial media talks about AI in such an ignorant manner. They don’t even understand the product they are hyping.