7 ms·

Musk ordered Nvidia to ship AI chips reserved for Tesla to X/xAI

53 points by nickthegreek 2y ago

peutetre 2y ago
Musk shouldn't be CEO of Tesla anymore. He's a part-time CEO at best. Employees call him a pigeon CEO because "he comes in, shits all over us, and then leaves": https://electrek.co/2024/04/22/elon-musk-pigeon-ceo-former-tesla-manager/ https://electrek.co/2024/04/22/elon-musk-pigeon-ceo-former-t... Lying to shareholders and diverting shipments of equipment to benefit his other companies does Tesla no good at all.
- consumer451 2y ago
  I find it hilarious how upset the C-Suite twittershpere was about "over employment," but Musk simultaneously having 4-5 CEO jobs is totally fine and should not be questioned.
  - brianwawok 2y ago
    You think having 2 jobs known publicly is the same as working 2 full time jobs in secret and signing legal paperwork at both that they are your only job while working 20 or leS hours at each?
    - consumer451 2y ago
      > is the same No, it is not the same, but it is quite analogous. The commonality is that obviously you cannot give your job your all, when you have more than one job. It's not like I am defending over employment. One point of clarification is that you mentioned "2," while Musk is currently the CEO of the following 5 companies: X Corp, Space X, Tesla, Neuralink, and The Boring Company.
      - etc-hosts 2y ago
        > while Musk is currently the CEO of the following 5 companies: X Corp, Space X, Tesla, Neuralink, and The Boring Company. Twitter X Corp and Xai are different companies,right? I assume he's the CEO. so that's 6 companies
    - angoragoats 2y ago
      It’s not the same, but a person who is the CEO of at least 5 different companies has a lot more leeway to completely mess up those companies than the average grunt worker quietly doing the overemployment thing at two different companies.
    - more_corn 2y ago
      Tesla SpaceX AiX TwitX Now do the Count voice from Sesame Street as you count them up.
- verdverm 2y ago
  Elon is now alleged to have engaged in insider trading (selling off a bunch of his shares), only to turn around two years later and extort the shareholders by stopping non-auto initiatives at Tesla unless they grant him more shares (among other demands in the voting)
- redeeman 2y ago
  wont argue with that, but maybe he would be more comitted if he wasnt robbed?
ahurmazda 2y ago
TFA, “But emails written by Nvidia senior staff and widely shared inside the company suggest that Musk presented an exaggerated picture of Tesla’s procurement to shareholders.” That’s a mighty accusation with substantial legal ramifications.
- Workaccount2 2y ago
  Tesla has already concentrated it's shareholders into an extract that consists entirely of people who crave fantastical promises and don't care much for the reality on the ground.
  - toomuchtodo 2y ago
    Any shareholder (even with only a single share) can kick off a suit based on breach of fiduciary duty, such as what happened with the single investor who took issue with Elon's pay package in Delaware's Chancery court. The accountability model is proven. https://nypost.com/2024/02/01/business/the-heavy-metal-drummer-and-tesla-investor-threw-elon-musks-56b-pay-into-limbo/ https://nypost.com/2024/02/01/business/the-heavy-metal-drumm...
  - bdjsiqoocwk 2y ago
    Most often than not, companies get the shareholders they deserve. That's one of the beauties of capitalism.
consumer451 2y ago
I just looked around the Tesla subreddits and it is stunning how even in those subs, most people appear to have lost their patience with Musk. https://old.reddit.com/r/teslamotors/comments/1d7xd7v/elon_musk_ordered_nvidia_to_ship_thousands_of_ai/ https://old.reddit.com/r/teslamotors/comments/1d7xd7v/elon_m... https://old.reddit.com/r/teslainvestorsclub/comments/1d7xc3n/elon_musk_ordered_nvidia_to_ship_thousands_of_ai/ https://old.reddit.com/r/teslainvestorsclub/comments/1d7xc3n...
reify 2y ago
local shop keeper "Orders" chocolate manufacturer to send the chocolate to his other shop Chocolate manufacturer: Who do you think you are? Lone Skum!
- cpfiffer 2y ago
  This is not the same because Tesla is a public company. It is more like saying a chocolatier owns the main shop with someone else, and then diverts the chocolate to a second shop that only they own. You are actively hurting your partner by doing this. Elon has a duty as an officer of Tesla to help it perform well. Diverting or delaying company resources for the benefit of his own, private company is not good.
Zigurd 2y ago
He sees the $45B slipping away, and he will take out his frustrations on Tesla. "Let that sink in." In a way, this makes life easier for his successor who might otherwise be blamed for the stock returning to a normal valuation for a competent EV maker.
- techostritch 2y ago
  It seems like a very straightforward, reasonable prediction on this story is that he's preferencing the companies he thinks he has a future with away from a company he might soon leave and if that's the case, I'm long on popcorn.
  - rebolek 2y ago
    Something like "EV craze is over, let's get high on AI craze before it's too late" ?
    - more_corn 2y ago
      Let’s get high on AI. That one is going to stick with me for a while.
- rchaud 2y ago
  How much is his golden parachute worth if he's fired?
belter 2y ago
Shareholder lawsuit of the day... :-)
bzmrgonz 2y ago
Am I the only one wondering what Musk is cooking up at XAI?? He may be planning to leapfrog everyone and go right into AGI!!
- lawn 2y ago
  And so the maddening hype begins... I'm looking forward to how "AGI is 2 months away" for the next decade.
- squigz 2y ago
  Is there literally any reason to believe that, other than believing Musk is some kind of genius playing 4D chess?
  - sidibe 2y ago
    By now it has to be clear he is a genius at playing 4D hungry hungry hippos. If there is some investor money or government subsidy to be had he will say and do anything to get it. If it's not there he loses interest
- ben_w 2y ago
  He may well be planning to, but it's somewhat unlikely that his guess for how is any better than anyone else's. Not impossible — everyone else is also guessing — unlikely.
- rurp 2y ago
  Lol, yeah sure. I also hear Tesla is a lock to have actual full self driving by 2016 at the latest. I'm holding my breath!
- yumraj 2y ago
  He’s been planning FSD for a long time. He’ll keep planning AGI for a long time too.. perhaps forever..
- Lockal 2y ago
  Sounds like another item in this list https://elonmusk.today https://elonmusk.today
danfromplus 2y ago
Maybe once he wins the shareholder lawsuit, he'll ask for them to get shipped back to Tesla :)
serjester 2y ago
Note his response. https://x.com/elonmusk/status/1798007748728365503 https://x.com/elonmusk/status/1798007748728365503
- ZuLuuuuuu 2y ago
  How can xAI, a new startup, be more prepared for using GPUs, then an established AI company like Tesla with vast resources?
  - eecc 2y ago
    logistics? xAI might have an empty datacenter to fill, while Tesla's Texas one is bumping over some roadblocks? Apparently he's just asked to swap the two shipments: the earlier one scheduled for Tesla to go to xAI and the later one for xAI to go to Tesla. Storm in a teacup
cbeach 2y ago
CEO of two companies adjusts some procurement from one company to the other. If we weren't in a Two Minutes Hate against Elon Musk, this news would rightfully be a non-story. https://en.wikipedia.org/wiki/Two_Minutes_Hate https://en.wikipedia.org/wiki/Two_Minutes_Hate
- Zigurd 2y ago
  It's called self-dealing
  - cbeach 2y ago
    There are many possible explanations other than self-dealing. Here's more background on the accusation, and the facts we know: https://x.com/WholeMarsBlog/status/1797984335322374395 https://x.com/WholeMarsBlog/status/1797984335322374395
    - peutetre 2y ago
      A simpler explanation is Musk is not living up to his responsibilities as CEO of Tesla. There's a clear conflict of interest. He's treating Tesla like it's his private business instead of the publicly traded company it is. It's time for Musk to step down as CEO of Tesla.

53 points by nickthegreek 2y ago

Musk shouldn't be CEO of Tesla anymore. He's a part-time CEO at best. Employees call him a pigeon CEO because "he comes in, shits all over us, and then leaves": https://electrek.co/2024/04/22/elon-musk-pigeon-ceo-former-tesla-manager/ https://electrek.co/2024/04/22/elon-musk-pigeon-ceo-former-t... Lying to shareholders and diverting shipments of equipment to benefit his other companies does Tesla no good at all.

consumer451 2y ago
I find it hilarious how upset the C-Suite twittershpere was about "over employment," but Musk simultaneously having 4-5 CEO jobs is totally fine and should not be questioned.
- brianwawok 2y ago
  You think having 2 jobs known publicly is the same as working 2 full time jobs in secret and signing legal paperwork at both that they are your only job while working 20 or leS hours at each?
  - consumer451 2y ago
    > is the same No, it is not the same, but it is quite analogous. The commonality is that obviously you cannot give your job your all, when you have more than one job. It's not like I am defending over employment. One point of clarification is that you mentioned "2," while Musk is currently the CEO of the following 5 companies: X Corp, Space X, Tesla, Neuralink, and The Boring Company.
    - etc-hosts 2y ago
      > while Musk is currently the CEO of the following 5 companies: X Corp, Space X, Tesla, Neuralink, and The Boring Company. Twitter X Corp and Xai are different companies,right? I assume he's the CEO. so that's 6 companies
  - angoragoats 2y ago
    It’s not the same, but a person who is the CEO of at least 5 different companies has a lot more leeway to completely mess up those companies than the average grunt worker quietly doing the overemployment thing at two different companies.
  - more_corn 2y ago
    Tesla SpaceX AiX TwitX Now do the Count voice from Sesame Street as you count them up.
verdverm 2y ago
Elon is now alleged to have engaged in insider trading (selling off a bunch of his shares), only to turn around two years later and extort the shareholders by stopping non-auto initiatives at Tesla unless they grant him more shares (among other demands in the voting)
redeeman 2y ago
wont argue with that, but maybe he would be more comitted if he wasnt robbed?

ahurmazda 2y ago

TFA, “But emails written by Nvidia senior staff and widely shared inside the company suggest that Musk presented an exaggerated picture of Tesla’s procurement to shareholders.” That’s a mighty accusation with substantial legal ramifications.

Workaccount2 2y ago
Tesla has already concentrated it's shareholders into an extract that consists entirely of people who crave fantastical promises and don't care much for the reality on the ground.
- toomuchtodo 2y ago
  Any shareholder (even with only a single share) can kick off a suit based on breach of fiduciary duty, such as what happened with the single investor who took issue with Elon's pay package in Delaware's Chancery court. The accountability model is proven. https://nypost.com/2024/02/01/business/the-heavy-metal-drummer-and-tesla-investor-threw-elon-musks-56b-pay-into-limbo/ https://nypost.com/2024/02/01/business/the-heavy-metal-drumm...
- bdjsiqoocwk 2y ago
  Most often than not, companies get the shareholders they deserve. That's one of the beauties of capitalism.

consumer451 2y ago

I just looked around the Tesla subreddits and it is stunning how even in those subs, most people appear to have lost their patience with Musk. https://old.reddit.com/r/teslamotors/comments/1d7xd7v/elon_musk_ordered_nvidia_to_ship_thousands_of_ai/ https://old.reddit.com/r/teslamotors/comments/1d7xd7v/elon_m... https://old.reddit.com/r/teslainvestorsclub/comments/1d7xc3n/elon_musk_ordered_nvidia_to_ship_thousands_of_ai/ https://old.reddit.com/r/teslainvestorsclub/comments/1d7xc3n...

reify 2y ago

local shop keeper "Orders" chocolate manufacturer to send the chocolate to his other shop Chocolate manufacturer: Who do you think you are? Lone Skum!

cpfiffer 2y ago
This is not the same because Tesla is a public company. It is more like saying a chocolatier owns the main shop with someone else, and then diverts the chocolate to a second shop that only they own. You are actively hurting your partner by doing this. Elon has a duty as an officer of Tesla to help it perform well. Diverting or delaying company resources for the benefit of his own, private company is not good.

Zigurd 2y ago

He sees the $45B slipping away, and he will take out his frustrations on Tesla. "Let that sink in." In a way, this makes life easier for his successor who might otherwise be blamed for the stock returning to a normal valuation for a competent EV maker.

techostritch 2y ago
It seems like a very straightforward, reasonable prediction on this story is that he's preferencing the companies he thinks he has a future with away from a company he might soon leave and if that's the case, I'm long on popcorn.
- rebolek 2y ago
  Something like "EV craze is over, let's get high on AI craze before it's too late" ?
  - more_corn 2y ago
    Let’s get high on AI. That one is going to stick with me for a while.
rchaud 2y ago
How much is his golden parachute worth if he's fired?

belter 2y ago

Shareholder lawsuit of the day... :-)

bzmrgonz 2y ago

Am I the only one wondering what Musk is cooking up at XAI?? He may be planning to leapfrog everyone and go right into AGI!!

lawn 2y ago
And so the maddening hype begins... I'm looking forward to how "AGI is 2 months away" for the next decade.
squigz 2y ago
Is there literally any reason to believe that, other than believing Musk is some kind of genius playing 4D chess?
- sidibe 2y ago
  By now it has to be clear he is a genius at playing 4D hungry hungry hippos. If there is some investor money or government subsidy to be had he will say and do anything to get it. If it's not there he loses interest
ben_w 2y ago
He may well be planning to, but it's somewhat unlikely that his guess for how is any better than anyone else's. Not impossible — everyone else is also guessing — unlikely.
rurp 2y ago
Lol, yeah sure. I also hear Tesla is a lock to have actual full self driving by 2016 at the latest. I'm holding my breath!
yumraj 2y ago
He’s been planning FSD for a long time. He’ll keep planning AGI for a long time too.. perhaps forever..
Lockal 2y ago
Sounds like another item in this list https://elonmusk.today https://elonmusk.today

danfromplus 2y ago

Maybe once he wins the shareholder lawsuit, he'll ask for them to get shipped back to Tesla :)

serjester 2y ago

Note his response. https://x.com/elonmusk/status/1798007748728365503 https://x.com/elonmusk/status/1798007748728365503

ZuLuuuuuu 2y ago
How can xAI, a new startup, be more prepared for using GPUs, then an established AI company like Tesla with vast resources?
- eecc 2y ago
  logistics? xAI might have an empty datacenter to fill, while Tesla's Texas one is bumping over some roadblocks? Apparently he's just asked to swap the two shipments: the earlier one scheduled for Tesla to go to xAI and the later one for xAI to go to Tesla. Storm in a teacup

cbeach 2y ago

CEO of two companies adjusts some procurement from one company to the other. If we weren't in a Two Minutes Hate against Elon Musk, this news would rightfully be a non-story. https://en.wikipedia.org/wiki/Two_Minutes_Hate https://en.wikipedia.org/wiki/Two_Minutes_Hate

Zigurd 2y ago
It's called self-dealing
- cbeach 2y ago
  There are many possible explanations other than self-dealing. Here's more background on the accusation, and the facts we know: https://x.com/WholeMarsBlog/status/1797984335322374395 https://x.com/WholeMarsBlog/status/1797984335322374395
  - peutetre 2y ago
    A simpler explanation is Musk is not living up to his responsibilities as CEO of Tesla. There's a clear conflict of interest. He's treating Tesla like it's his private business instead of the publicly traded company it is. It's time for Musk to step down as CEO of Tesla.