Tesla said it has received several shareholder proposals concerning a potential investment in CEO Elon Musk’s artificial-intelligence venture xAI and will outline one qualifying proposal on the topic in its forthcoming proxy statement, in line with U.S. Securities and Exchange Commission rules. The proposals will be put to a vote at the electric-vehicle maker’s annual meeting on 6 November. Tesla’s board has set 31 July as the deadline for any additional submissions. Musk earlier this month ruled out a full merger between the companies but said shareholders should decide whether Tesla commits funds to xAI. The AI startup has been on an aggressive capital-raising drive, completing a US$5 billion debt financing alongside a separate US$5 billion strategic equity investment, according to Morgan Stanley. It also bought social-media platform X in March for US$33 billion and has begun integrating its Grok chatbot into Tesla vehicles. The potential cash outlay comes as Tesla navigates slower electric-vehicle demand, controversy over Musk’s political activity and a roughly 22 percent slide in the stock this year. Supporters argue an xAI stake could realign Tesla with the AI boom, while critics question diverting capital to another Musk-controlled company.