Elon Musk stated he isn't ruling out merging his AI startup with Tesla, if shareholders approve.xAI, Musk's startup founded in 2023, acquired X in an all-stock purchase in March.Tesla shares rose 0.5% but dipped in after-hours trading, remaining around 10% down since January 2.Tesla and xAI will continue using AI chips from Nvidia and AMD according to Musk.