Tesla investors sue Elon Musk for allegedly moving talent, resources to xAI

Mike Dalton

Tesla shareholders sued CEO Elon Musk and other executives for enriching xAI at the auto company’s expense on June 13. The plaintiffs claimed that xAI, an artificial intelligence firm Musk created in 2023, has poached employees from Tesla, diverted at least $500 million in GPUs from Tesla to X, and used Tesla’s data for xAI […]

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Tesla investors sue Elon Musk for allegedly moving talent, resources to xAI