Elon Musk testified in federal court that OpenAI's co-founders, including Sam Altman, deceived him about converting the non-profit into a for-profit entity, which he characterizes as theft of a charity. His testimony contradicted his own recent tweets claiming Tesla is pursuing AGI, which he admitted under oath was inaccurate. The lawsuit hinges on whether OpenAI's structural transition properly compensated investors or improperly capped their profits.
Strategy
On the stand, Elon Musk can’t escape his own tweets
Musk testifies that OpenAI co-founders defrauded him on the non-profit-to-for-profit conversion, claiming theft of charity and improper investor compensation caps.
Thursday, April 30, 2026 12:00 PM UTC2 MIN READSOURCE: TechCrunchBY sys://pipeline
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