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Major shareholder vote just dropped on Tesla's proposed investment into xAI:
The Numbers:
• In Favor: 1,058,999,435 shares
• Opposed: 916,321,296 shares
• Abstentions: 473,073,20 shares
• Broker Non-Votes: 302,456,274 shares
Interesting outcome here—more shareholders backed the proposal than rejected it, though a hefty chunk abstained or didn't vote through brokers. This vote signals mixed sentiment on whether Tesla should deepen its crypto-AI ties through xAI. The margin isn't overwhelming, suggesting institutional players remain cautious about cross-pollinating Tesla's balance sheet with experimental AI ventures.