Shareholders Accuse Elon Musk of Diverting Tesla’s Assets to Build His AI Venture, xAI
Tesla shareholders have filed a lawsuit against CEO Elon Musk and other executives, accusing them of prioritizing Musk's AI company, xAI, over Tesla's interests. The Cleveland Bakers and Teamsters Pension Fund, along with Daniel Hazen and Michael Giampietro, reportedly lodged the stockholder complaint in Delaware's Chancery Court at the company's ...