The purpose of the looking at the future...is to disturb the present!

Gaston Berger (1896-1960), francuski futurolog

Elon Musk Is Moving Money Between His Companies in a Sketchy Way

Tesla CEO Elon Musk announced over the weekend that shareholders of his EV maker will vote on whether to invest in his own artificial intelligence firm xAI. The mercurial billionaire is orchestrating a massive shift in funds to prop up his cash-burning startup — and he's not above siphoning off money from his far more profitable businesses. In March, Musk merged xAI with his social media platform X, which had previously seen an advertiser exodus triggered by his embrace of far-right extremism and disregard for content moderation. And it's not just Tesla. On Saturday, the Wall Street Journal reported that […]


Link :
https://futurism.com/tesla-crumbling-elon-musk-bail-out-xai