June 5, 2024

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Latest June 5, 2024

Elon Musk Diverts Tesla AI Chips to X, Causing Delays and Concerns Among Shareholders

Key Points: Elon Musk redirected a significant shipment of Nvidia AI chips from Tesla to his social media company, X. The diversion has delayed Tesla's receipt of over $500 million of GPUs, impacting its AI and robotics projects. Correspondence from Nvidia staff revealed inconsistencies between Musk's public statements and actual chip bookings. Musk claimed the chips would have remained unused...

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