Tesla is considering an investment in CEO Elon Musk’s AI startup xAI. Shareholders have submitted proposals for a potential merger, despite Musk ruling it out earlier. xAI recently raised $5 billion in debt and equity funding. Musk aims to integrate xAI with Tesla, facing challenges due to his political activities affecting demand and stock prices. Tesla will hold its annual meeting on November 6, with only one proposal per topic allowed in the proxy statement. Shareholders had until July 31 to submit proposals.

Read more at Yahoo Finance: Tesla gets multiple shareholder proposals related to investment in xAI