Musk's pay and Tesla's investment in xAI are key issues ahead of Tesla's shareholder meeting. Some investors are skeptical of Musk's interim pay package and of Tesla's pivot into robotics. Kimbal Musk weighed in on his brother's Tesla pay package and Tesla's potential investment in xAI.

What Happened: Musk’s AI firm, xAI, is said to be creating an AI-only software company named “Macrohard.” Musk characterized the project as “very real”, implying that software companies like Microsoft, which do not produce physical hardware, could theoretically be entirely simulated using AI.