Elon Musk's Tesla To Include Shareholder Proposal On xAI Investment In Proxy After Receiving Multiple Requests - Tesla (NASDAQ:TSLA)

Elon Musk's Tesla To Include Shareholder Proposal On xAI Investment In Proxy After Receiving Multiple Requests - Tesla (NASDAQ:TSLA)

Tesla confirmed it has received multiple shareholder proposals regarding a potential investment in Elon Musk's AI startup xAI.

Elon Musk sparks debate ahead of high-stakes Tesla shareholder vote — here's what's happening

Tesla CEO Elon Musk rejected the idea of a merger between the automaker and his AI firm, xAI, CNBC reported. Musk replied "No" on X after a user asked whether the two companies should join forces. The post came as Musk faced renewed scrutiny over the overlap between Tesla's direction and his other companies. While he ruled out a merger, he indicated that Tesla would hold a shareholder vote on whether to invest in xAI. In an earlier poll, Musk as…

Why shareholders press Tesla with proposals over xAI funding - Cryptopolitan

Tesla told investors on Friday it has received a series of shareholder proposals focused on the company’s interest in funding Elon Musk’s artificial intelligence firm, xAI. This comes after Elon confirmed earlier this month that Tesla will not merge with xAI but may still invest in it, leaving the final decision up to a shareholder vote. The proposals come as concern grows over Tesla’s corporate direction, especially with xAI now tangled in gove…

Tesla gets multiple shareholder proposals related to investment in xAI

Tesla said on Friday it has received a number of shareholder proposals regarding the automaker investing in CEO Elon Musk’s artificial intelligence startup xAI. Musk earlier in July ruled out a merger between Tesla and xAI but said he plans to hold a shareholder vote on investment in the startup by the automaker. Tesla, which will hold its annual shareholder meeting on November 6, said it will only include one proposal on each topic in its proxy…