Tesla shareholders will vote on whether the company should invest in Elon Musk’s private AI firm, xAI, according to Electrek. The move comes after Musk arranged a $2 billion investment in xAI from SpaceX. The proposed deal signals Musk’s intent to formalize collaboration among Tesla, xAI, and X, now owned by xAI following a March stock-swap acquisition. Musk has repeatedly moved talent from Tesla to his private company, xAI, treating Tesla as a feeder for his other ventures. He has long hinted at using Tesla funds to support xAI and made it official by announcing a shareholder vote on the investment. The investment will go to a shareholder vote at Tesla’s rescheduled annual meeting in November. The deal structure remains unclear, but Musk has expressed interest in increasing his stake in Tesla.
