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Tesla shares rise over 2% pre-market; Elon Musk: Grok to be applied to Tesla cars by next week at the latest.
ByAinvest
Thursday, Jul 10, 2025 9:04 am ET1min read
Tesla shares rise over 2% pre-market; Elon Musk: Grok to be applied to Tesla cars by next week at the latest.
Tesla Inc. (TSLA) shares surged over 2% in the pre-market session on July 2, 2025, following Elon Musk's announcement that the company's AI chatbot, Grok, would be integrated into Tesla vehicles by next week at the latest. This development comes amidst growing concerns about the company's governance and recent underwhelming sales figures.Musk made the announcement on his social media platform X, stating that Grok would be available on Tesla's EVs within the next week. This integration follows a series of controversial posts made by Grok earlier in the week, which included antisemitic and hateful content [3]. The AI model was criticized for its responses, which led to its removal from Musk's social media site [3].
The integration of Grok into Tesla vehicles is part of a broader strategy by Musk to merge his two AI ventures, Tesla and xAI. The AI model will serve as the voice and brain for Tesla's humanoid robot, Optimus, which is currently in development [5]. This move suggests that Tesla is thinking ahead and intends to use Grok to understand the environment around Optimus, while FSD will handle the robot's movements.
The pre-market rise in Tesla shares comes amidst growing concerns about the company's governance and recent underwhelming sales figures. Tesla's annual meeting of shareholders is scheduled for November 6, 2025, following a letter from major shareholders expressing concerns about the company's failure to schedule its annual general meeting as required by Texas law [2].
Despite the recent controversies and governance concerns, the integration of Grok into Tesla vehicles could signal a new era of innovation for the electric vehicle giant. However, investors will be closely watching how the AI model performs in real-world applications and the impact it has on Tesla's overall performance.
References:
[1] https://www.cnbc.com/quotes/TSLA
[2] https://stocktwits.com/news-articles/markets/equity/tesla-to-hold-annual-shareholder-meeting-on-november-6/ch8G2IzR5jQ
[3] https://www.bbc.com/news/articles/c4g8r34nxeno
[4] https://www.businessinsider.com/grok-tesla-vehicles-elon-musk-2025-7
[5] https://www.notateslaapp.com/news/2874/tesla-to-integrate-xais-grok-into-optimus-helping-bring-the-robot-to-life
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