Get the latest tech news
Tesla investors sue Elon Musk for diverting carmaker’s resources to xAI
Lawsuit: Musk's xAI poached Tesla employees, Nvidia GPUs, and data.
The lawsuit in Delaware Court of Chancery was filed by three Tesla shareholders: the Cleveland Bakers and Teamsters Pension Fund, Daniel Hazen, and Michael Giampietro. By founding xAI, Musk started a competing company "and then divert[ed] talent and resources from his corporation to the startup," with the apparent approval of Tesla's board, the lawsuit said. In the pay-plan ruling, Delaware Court of Chancery Judge Kathaleen McCormick found that most of Tesla's board members were beholden to Musk or had compromising conflicts.
Or read this on r/technology
