TSLA-TESLA INC

Elon Musk drops lawsuit against OpenAI over AI mission deviation

Thursday

13 June, 2024

Elon Musk drops lawsuit against OpenAI, an AI research group he co-founded, accusing them of prioritizing profit over societal benefit. What led to this decision?

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Key Takeaways
  • Tesla's share prices have surged by over 1600% since their initial public offering in 2010, indicating significant growth potential.
  • Tesla's stock has traded at a high premium to earnings and sales multiples compared to other auto industry companies.
  • Tesla's production levels are still relatively low compared to other leading automakers.
  • Tesla faces strong competition in the electric vehicles market.

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