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Teslaconomics
@Teslaconomics
I post my conscious thoughts w/ the world, live to the fullest, keep things simple, truthful & filter the noise. Long-term investor in Tesla, SpaceX, xAI/X.
가입 April 2018
222 팔로잉 중    502K
Dang... today the federal jury in Oakland unanimously ruled against Elon Musk. This is what happened. Elon co-founded OpenAI in 2015 as a nonprofit to build AI for humanity’s benefit. He donated ~$44 million but left the board in 2018. In 2024 he sued Altman, OpenAI & Greg Brockman, claiming they “stole a charity” by turning it into a for-profit company (with massive Microsoft funding) and abandoning the original mission. Elon wanted: • ~$150 billion in damages • Sam Altman removed as CEO • Force OpenAI back to nonprofit status This is what the jury decided today: They didn’t even rule on whether OpenAI broke its promise... Instead, they ruled Musk filed too late. The statute of limitations had expired claiming he knew about the for-profit plans years earlier. The judge accepted the jury’s advisory verdict... The result: Elon got nothing. No money, no leadership changes, no forced restructuring. OpenAI (now valued at ~$850B+) keeps operating as is. Elon can still appeal, but today was a clear legal win for Sam Altman and OpenAI.
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