On April 22, CNBC quoted people familiar with the matter as saying that Musk said in a conference call with xAI investors last week that he was considering giving "appropriate value" to his artificial intelligence startup xAI. Although Musk did not officially announce the upcoming new round of financing, sources believe that this comment shows that xAI is preparing for a large-scale round of financing in the near future. During the conference call, the company also discussed a possible revenue target of $1 billion or more. Sources believe Musk's appearance on xAI's conference call may be a signal that he is refocusing on his business entity. The report also pointed out that Tesla's share price, of which Musk serves as CEO, has fallen 40% this year, which may raise questions about his management capabilities.