According to Sawyer Merritt, Morgan Stanley's Adam Jonas emphasized in a new note that the upcoming Tesla shareholder vote on xAI investment is critical, as many investors may not fully appreciate the strategic importance of xAI to Tesla and the broader Muskonomy. Jonas highlighted that Tesla's financial and strategic collaboration with xAI is fundamental for Tesla's long-term success, driven by synergistic integration of data, software, hardware, and manufacturing. This partnership is expected to play a key role in advancing Tesla's physical AI and autonomy initiatives, creating significant opportunities for AI-driven innovation and operational efficiency in the automotive and robotics sectors (Source: Sawyer Merritt, Twitter, Nov 10, 2025).