Elon Musk has been draining Tesla's AI talent dry, shareholders allege in lawsuit
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Tesla shareholders have filed a lawsuit against Elon Musk, accusing him of diverting critical AI talent and resources away from Tesla and into his new AI-focused company, xAI. The shareholders claim that Musk has been poaching AI-focused employees from Tesla and redirecting critical Nvidia GPUs from Tesla to xAI. They also allege that Tesla's board has failed to stop Musk's actions. Musk has previously emphasized the importance of building AI capabilities for Tesla's future growth. Tesla's stock has dropped more than 25% this year, and critics argue that Musk's alleged actions have contributed to the decline.
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https://www.businessinsider.com/tesla-shareholders-elon-musk-lawsuit-ai-2024-6