Musk Suggests Tesla Shareholders Will Vote on xAI Investment
Elon wants Tesla shareholders to approve an investment into his other company, xAI, to the tune of $5,000,000,000. Of course, Elon directly owns about 75% of xAI, so that money will be going straight into his own pocket, at the expense of significant share dilution to Tesla shareholders. Seems like something they would eagerly approve.
MICROMAN