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.
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According to the filing, Musk's actions have created hundreds of billions of dollars of value for xAI at a substantial cost for Tesla.
Mike Dalton 2 min read
Tesla is currently the third-largest public corporate holder of Bitcoin.
Elon musk revealed that the electric carmaker was accelerating its full self-driving cars with mini AGI development.
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.
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