Tesla's reported cash balance is $36 billion. xAI is burning cash at a furious rate. A proposal at the Nov. 6 Annual Meeting is designed to allow Musk to shovel Tesla's cash into xAI's furnace.| montanaskeptic.substack.com
Yesterday's grant of 96 million shares reflects the board's fear of a shareholder vote and features a bizarre gambit to evade a huge tax bill and hit to earnings.| montanaskeptic.substack.com