Elizabeth Warren: Elon Musk 'betrayed' Tesla investors by prioritizing other companies

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Elon Musk could be shirking responsibilities at Tesla by focusing on his other companies, Elizabeth Warren said.

Richard Bord/Getty Images; Jenny Chang-Rodriguez/BI Elon Musk is shirking his duties to Tesla investors, Senator Elizabeth Warren said. Warren called on Tesla's board to ensure Musk was meeting his responsibilities at the carmaker. Investors have aired concern Musk is prioritizing his other companies, like X and xAI, ahead of Tesla.

Then, last year, he launched xAi, an artificial intelligence startup that some investors have feared could lead Musk further astray from Tesla's AI goals. Tesla has delayed the unveiling of its self-driving Robotaxi to October, sparking a small sell-off in Tesla shares last month. Musk has shrugged off the diversion chips to Tesla as a matter of limited space in its factories.

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