Tesla CEO Elon Musk has been involved in the development of artificial intelligence for many years, both at his own companies and as a former board member of ChatGPT maker OpenAI. However, new details from biographer Walter Isaacson show that Musk may have courted the AI research lab to be absorbed by Tesla before stepping down.
In an excerpt from the biography shared this week by Time, Isaacson says that Musk tried to persuade current OpenAI CEO Sam Altman to incorporate the AI company into Tesla before leaving (via Business Insider). According to the account, OpenAI denied Musk’s requests, and Altman soon became the company’s new President and later CEO.
At the time, long before the then-non-profit had debuted ChatGPT, Tesla had also been ramping up AI efforts for its neural networks trained for Autopilot and the Full Self-Driving (FSD) beta, along with other projects.
Altman went on to launch a for-profit arm of OpenAI that gained a large investment from Microsoft, which Musk protested at the time due to concerns over how AI development would be handled. Over the years, Musk has expressed potential dangers about other AI systems and generative language models like ChatGPT, noting that they could become politically indoctrinated and pose major risks to humanity.
Isaacson says that Musk also invited Altman to meet with him in February of this year, during which Musk reportedly “unleashed a barrage of attacks on OpenAI.” Among the attacks were criticisms as to how the company could legally shift its original status as a non-profit to being funded by donations as a for-profit that would be able to generate millions of dollars.
Upcoming Elon Musk biography from Walter Isaacson nearing completion: report
“He’s a jerk,” Altman said of Musk in an interview with Kara Swisher after the meeting. “He has a style that is not a style that I’d want to have for myself. But I think he does really care, and he is feeling very stressed about what the future’s going to look like for humanity.”
At the time of writing, Insider says neither Musk nor Altman’s representatives have responded to requests for comment, which the publication submitted outside of typical office hours.
Earlier this month, Musk was recognized on Time’s List of the 100 most influential people in AI, alongside Altman and other industry leaders. He has also continually echoed concerns around the technology, even calling for an industry-wide pause on AI development in March and warning of a ‘potentially catastrophic outcome’ in June.
Other AI-related projects under Musk’s watch include the Tesla Optimus robot and Dojo supercomputer, his brain chip company Neuralink, and his new company, xAI, launched earlier this year.
The mission statement of xAI is to “understand the true nature of the universe,” according to the company’s website.
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Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
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Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
SpaceX gets initial stock coverage from Tesla’s biggest bull
