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Wall Street Breakfast

Musk not on board with xAI-Tesla tie-up

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 14 July 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Musk says he doesn’t support merger between Tesla (TSLA) and xAI. (00:24) China clears Synopsys’ $35B Ansys takeover. (01:21) 'Superman' leaps to $122M to lead weekend box-office haul. (01:55)

Episode transcripts seekingalpha.com/wsb.

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Transcript

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0:00.0

Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

0:08.1

Good morning. Today is Monday, July 14th. I'm Julie Morgan. What does Elon have to say about Tesla and X-AI?

0:17.6

Synopsis clears a hurdle in China and a Superman flex at the box office this weekend.

0:23.6

Responding to a question on X around 3 a.m., Elon Musk says he does not support merging XAI with Tesla.

0:32.6

The user posed the question to TSLA investors and Musk simply simply replied no. A day earlier, he said Tesla

0:40.4

shareholders would have to vote on whether the electric vehicle maker should invest in XAI.

0:46.7

Last year, the Tesla CEO publicly floated the idea of Tesla investing $5 billion in XAI, saying he was merely testing the waters.

0:56.8

He later clarified that any such investment would need approval from Tesla's board and

1:02.0

major shareholders.

1:03.5

Earlier this year, XAI merged with X to form a combined entity that brought together

1:08.8

a social media platform and an AI research lab.

1:12.8

The move which expanded the reach of XAI's chatbot valued the newly formed company at 113 billion.

1:21.2

Synopsis has secured Chinese regulatory approval for its $35 billion acquisition of ANCES.

1:27.6

The conditional approval removes a major obstacle to the deal aimed at strengthening the

1:32.6

U.S. firm's leadership and chip design software.

1:36.0

Synopsis in January of 2024 agreed to buy ANSS for about $35 billion in cash and stock.

1:44.1

Under the terms of the deal,

1:45.5

ANS's shareholders will receive $197 in cash

1:49.5

and 0.3450 shares of synopsis common stock.

1:55.2

And what about what happened at the box office this weekend?

1:59.2

Warner Brothers Superman debuted a domestic box office

2:02.4

hall of a commanding $122 million across more than 4,100 theaters this weekend. The new chapter

...

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