Several Tesla shareholders file lawsuit against Elon Musk and board for allegedly diverting talent and resources to xAI, breaching fiduciary duty to Tesla.
Plaintiffs claim Musk's focus on positioning Tesla as a robotics and AI powerhouse led to resource diversion towards xAI, despite Tesla's successful stock performance.
Lawsuit alleges Musk diverted talent and resources to xAI, which recently raised $6 billion in funding and launched new products like Grok, positioning itself as a competitor.
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