Musk directed Nvidia to prioritize processor shipments to X, xAI over Tesla - CNBC
Internal correspondence from Nvidia senior staff suggests Musk exaggerated Tesla’s procurement status to shareholders. Moreover, Musk diverted a large shipment of AI processors meant for Tesla to his social media company X, formerly known as Twitter.
A more recent Nvidia email from late April indicated discrepancies in Musk's statements during Tesla's first-quarter call and his April post about $10 billion in AI spending. The email also highlighted Tesla’s significant layoffs and warned that further headcount reductions could delay an"H100 project" at Tesla's Texas Gigafactory.
Critics argue that Musk acts as a part-time CEO of Tesla, which generates the majority of his wealth. Alongside Tesla, Musk is the CEO of SpaceX, founder of Neuralink, and The Boring Co., and owns X, which he acquired for $44 billion in late 2022. He also launched xAI, an AI startup, in 2023.
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