On June 24, 2025, Xos, Inc. held its annual stockholder meeting where they elected two directors, ratified Grant Thornton as auditors, and approved a 3.1 million share increase to their equity incentive plan. Additionally, on June 26, 2025, they entered new employment agreements with CEO Dakota Semler and COO Giordano Sordoni with each receiving annual salaries of $450,000.