Elon Musk Wants To Use Billions From Tesla To Bail Out xAI
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Elon Musk Wants To Use Billions From Tesla To Bail Out xAI - Jalopnik
Elon Musk loves pressing his luck when it comes to what he can get his Tesla shareholders to do. Just a few weeks after he got them to approve a $56 billion pay package, he’s apparently asking them to indirectly bail out the investors of his social media company, X (Twitter, baby).jalopnik.com
In a lot of ways, Musk’s empire is cannibalizing itself – even outside of what his interests happen to be day to day. xAI is apparently hiring away a ton of Tesla employees, and AI chips that were once destined for Tesla have been sent to xAI instead.
how is this not a crime since he's the CEO of both companies?