A Tesla Inc. shareholder proposal for the board to authorise an investment in xAI wasn’t approved, clouding prospects for the Elon Musk-led carmaker to take a stake in his artificial intelligence start-up.

The non-binding measure garnered 1.06 billion votes in favour of authorisation, exceeding the 916.3 million that were against, Tesla disclosed in a late Friday regulatory filing. However, more than 473 million votes abstained — more than twice the number for any other proposal on this year’s proxy.

Tesla’s bylaws consider abstentions as votes against, so the measure did not pass. Since it was an advisory proposal, the board will consider next steps in light of the level of shareholder support, General Counsel Brandon Ehrhart said Thursday during Tesla’s annual shareholder meeting.

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