According to @business, Tesla shareholders did not approve a proposal authorizing the board to invest in Elon Musk’s AI startup xAI, meaning the board currently lacks shareholder authorization to take a stake in the company (source: Bloomberg via @business, Nov 7, 2025). According to @business, the outcome clouds prospects for Tesla to take an equity stake in xAI, removing immediate clarity on any corporate tie-up pathway (source: Bloomberg via @business, Nov 7, 2025). The source did not cite any direct implications for cryptocurrency markets or digital assets (source: Bloomberg via @business, Nov 7, 2025).

According to Aggr News, Trump Media's board has given authorization to purchase cryptocurrency assets, signaling potential strategic investments in digital currencies. This move may influence trading strategies, as it reflects institutional interest in diversifying with crypto assets.