The lawsuit in Delaware Court of Chancery was filed by three Tesla shareholders seeking financial damages for Tesla and the disgorging of Musk's equity stake in xAI to Tesla.
Tesla and Musk have promoted AI as crucial for Tesla's future, yet Musk started xAI, a competing firm, and diverted resources with the apparent approval of Tesla's board.
Musk hired Tesla's key AI-focused employees for xAI, diverted Nvidia GPUs from Tesla to xAI, confirmed by Nvidia emails, causing concern about resource allocation.
Collection
[
|
...
]