Tesla investors sue Elon Musk for allegedly moving talent, resources to xAI
According to the filing, Musk's actions have created hundreds of billions of dollars of value for xAI at a substantial cost for Tesla.

Read Tesla crypto news, including Bitcoin holdings, executive commentary, payments policy, and the company’s impact on digital asset markets.
The flagship cryptocurrency touts an $818B market cap as markets anticipate the upcoming halving and major ETF decisions.
BTC's price performance mirrors the increasing optimism around the possible approval of a spot ETF product by the SEC.
While some of his various firms have leaned into making use of existing cryptocurrencies, the billionaire said not to expect native tokens from any of them.
Tesla published its Q3 shareholder deck on Oct. 18, revealing its Bitcoin holdings to be intact while highlighting AI as a company priority.
Uncertainties around the upcoming third quarter seemingly caused stocks to fall.
Musk and Warren are known for being pro- and anti-crypto, respectively.