Elon Musk Backs Grok Bot Refund Promise Despite xAI’s $100 Liability Cap
Elon Musk said xAI will make users whole if Grok Bot loses money while running an investor’s bank account, but xAI’s terms cap most claims at $100 or the fees paid, whichever is greater. According to BeInCrypto, the pledge came after Tesla and xAI investor Teslaconomics asked whether anyone had linked Grok Bot to a bank account, as the agent can track spending, pay bills and flag unusual charges. Grok Bot launched in beta on August 11, and xAI says each agent runs on its own cloud computer. The report said US Regulation E may not protect users who hand over account access, while no verified case of Grok Bot mishandling a real bank account has surfaced.
Elon Musk said xAI will make users whole if Grok Bot loses money while running an investor’s bank account, but xAI’s terms cap most claims at $100 or the fees paid, whichever is greater. According to BeInCrypto, the pledge came after Tesla and xAI investor Teslaconomics asked whether anyone had linked Grok Bot to a bank account, as the agent can track spending, pay bills and flag unusual charges. Grok Bot launched in beta on August 11, and xAI says each agent runs on its own cloud computer. The report said US Regulation E may not protect users who hand over account access, while no verified case of Grok Bot mishandling a real bank account has surfaced.