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Tesla will 'examine' an investment in Elon Musk's xAI

Tesla's board will continue to explore potential investments in xAI. At Thursday's shareholder meeting, where investors ratified a $1 trillion pay package for CEO Elon Musk, more shareholders voted to support an investment in xAI than those opposed, but a large number abstained."Since this is an advisory vote, the board will examine the next steps in light of this level of shareholder support," said Brandon Ehrhart, General Counsel of Tesla, while announcing voting results. Musk previously said on X that ...