Tesla gets multiple shareholder proposals related to investment in 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 statement, in accordance with SEC rules.
Earlier this month, the board set July 31 as the deadline for the submission of shareholder proposals to be included in the proxy statement.
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