Tesla to Vote Nov. 6 on Proposal to Invest in Elon Musk’s xAI
Tesla shareholders will vote Nov. 6 on a proposal from small investor Stephen Hawk to let Tesla invest in Elon Musk’s AI firm xAI, arguing it would boost Tesla’s AI, robotics and energy ambitions. The board is neutral. SpaceX has already pledged $2B to xAI. The proposal comes amid weak EV sales, a sluggish robotaxi rollout and a separate, controversial Musk compensation plan.