CompaniesTesla Inc July 25 (Reuters) - Tesla (TSLA.O), opens new tab said on Friday it had received a number of shareholder proposals regarding the company's plan to invest in CEO Elon Musk's artificial intelligence startup xAI. Musk ruled out a merger between Tesla and xAI earlier in July, but said he planned to hold a shareholder vote on investment in the startup by the automaker. The proposals come amid significant funding activity for xAI this year. The startup completed a $5 billion debt raise alongside a separate $5 billion strategic equity investment, Morgan Stanley said last month. Advertisement · Scroll to continue Musk has pursued an integration strategy across his business empire, with xAI acquiring social media platform X in March for $33 billion to enhance its chatbot training capabilities, while also integrating the Grok chatbot into Tesla vehicles. The potential investment discussion comes as Tesla faces various challenges, including Musk's political activities, which have impacted demand for its electric vehicles and triggered a 22% drop in its shares this year. "Shareholders are welcome to put forward any shareholder proposals they'd like," Musk said on Tesla's quarterly earnings call on Wednesday. Advertisement · Scroll to continue Tesla, which will hold its annual shareholder meeting on November 6, said it would only include one proposal on each topic in its proxy statement, in accordance with the SEC rules. Earlier this month, the board set July 31 as the deadline for the submission of shareholder proposals to be included in the proxy statement. Ad Break Coming Up NEXT StayNext OffEnglish 180p288p360p480p540p576p720pHD1080pHDAuto (180p) About ConnatixV599477 About ConnatixV599477 1/100:01AI Weekly: Jensen on tour, Elon on the hunt Continue watchingAI Weekly: Jensen on tour, Elon on the huntafter the adVisit Advertiser websiteGO TO PAGE Reporting by Akash Sriram in Bengaluru; Editing by Devika Syamnath and Anil D'Silva Purchase Licensing Rights