A shareholder proposal would allow Tesla to invest in Elon Musk's rival AI firm, xAI if approved. Tesla's board didn't recommend one way or another.

Elon Musk doesn’t want Tesla to be just an automaker. He wants Tesla to be an AI company, one that’s figured out how to make cars drive themselves.

While at xAI, Mike Liberatore helped orchestrate the company's $5 billion debt raise, alongside another $5 billion in equity — almost half of which came from SpaceX.