image of Musk holding up his hands
Elon Musk.
  • Tesla shareholders say Elon Musk has been diverting AI resources away from the company.
  • They allege in a new lawsuit that Musk has treated the company with "brazen disloyalty."
  • Tesla's board, they argue, has done nothing to stop him.

Some Tesla shareholders allege Elon Musk has been draining the company's AI talent dry in an act of "brazen disloyalty" to his company.

The group of shareholders — the Cleveland Bakers and Teamsters Pension Fund, Michael Giampietro, and Daniel Hazen — filed a lawsuit Thursday on behalf of Tesla itself against Musk and Tesla in Delaware, where the company is incorporated.

In it, the shareholders accuse Musk of diverting critical AI talent and resources away from Tesla and into his new AI-focused company, xAI.

They also allege that Tesla's board hasn't tried to stop him.