Musk Diverts Nvidia AI Chips from Tesla to X Priorities

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Source: Yahoo Finance
Musk Diverts Nvidia AI Chips from Tesla to X Priorities
Photo: Yahoo Finance
TL;DR Summary

Elon Musk confirmed redirecting Nvidia AI chips from Tesla to his ventures X Corp. and xAI Corp., citing Tesla's lack of immediate use for the chips. This move, revealed through internal Nvidia emails, has raised questions about Tesla's AI procurement plans and impacted its stock performance. Musk's broader AI development efforts within Tesla, including a $10 billion investment and the creation of a supercomputer, are under scrutiny, especially after a Delaware court voided a significant compensation package for him.

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