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).