Reported about 23 hours ago
Tesla announced it has received multiple shareholder proposals regarding an investment in CEO Elon Musk's artificial intelligence startup, xAI. Despite Musk previously dismissing a merger between the two entities, he plans to hold a vote on the investment at the upcoming annual shareholder meeting. This proposal comes amid significant financial activities for xAI and coincides with Tesla facing challenges, including a notable decrease in its stock price due to Musk's political actions.
Source: YAHOO