Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home Themes AI

Elon Musk Wanted Tesla to Take Over OpenAI, Romantic Partner Testifies in Court

by Team Lumida
May 7, 2026
in AI
Reading Time: 3 mins read
A A
0
Elon Musk Reignites Legal Battle Against OpenAI and Sam Altman

"Elon Musk" by dmoberhaus is licensed under CC BY 2.0

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp
  • Shivon Zilis, Elon Musk’s romantic partner and a former OpenAI board member, testified that Musk advocated for OpenAI to become a subsidiary of Tesla — a proposal rejected by Sam Altman, Greg Brockman, and Ilya Sutskever.
  • OpenAI accused Zilis of acting as a Musk proxy on the board, alleging she failed to disclose that Musk was the father of her twins while she served as a director.
  • Zilis testified that Musk left the OpenAI board in 2018 partly over concerns that Tesla and OpenAI would compete for AI engineering talent — and that he recruited a top OpenAI researcher to Tesla days before his departure.
  • The stakes are enormous: Musk is seeking up to $180 billion in damages and the removal of Altman and Brockman from leadership, as well as unwinding OpenAI’s recent conversion to a more traditional corporate structure.

What Happened?

Shivon Zilis took the stand in Oakland federal court in the high-stakes lawsuit between Elon Musk and OpenAI. Under questioning, she testified that Musk had advocated for OpenAI to become a Tesla subsidiary — a proposal the OpenAI co-founders declined. She also testified that Musk recruited a senior OpenAI AI researcher to Tesla just days before stepping down from the board in 2018, citing concerns about the two organizations competing for talent. OpenAI lawyers portrayed Zilis as a close Musk adviser who withheld her personal relationship with him from the board, including the fact that he had fathered her children via IVF.

Why It Matters?

This trial could reshape the AI industry. Musk is seeking removal of Altman and Brockman, $180 billion in damages redirected from OpenAI’s for-profit arm back to its nonprofit parent, and an unwinding of the company’s recent corporate restructuring. Even one successful remedy could destabilize OpenAI at the moment it’s preparing for an IPO and competing intensely with Google, Anthropic, and xAI. The Zilis testimony also puts a human face on the complex web of personal and professional relationships that shaped one of the most important technology companies in history.

What’s Next?

The trial continues with more testimony expected from key figures in the AI world. Watch for Altman’s response to the Tesla-takeover allegation and further cross-examination of Zilis. A ruling in Musk’s favor on any major remedy would send shockwaves through the entire AI sector. The case also has implications for nonprofit governance standards in the tech world — particularly around disclosure obligations for board members with conflicting personal and professional relationships.

Source: The Wall Street Journal

Previous Post

Jet-Fuel Prices Are Spiking and Trump’s Advisers Are Worried

Next Post

US Waits on Iran’s Response to Peace Deal as Israel Strikes Beirut

Recommended For You

Anthropic’s Newest AI Is Rattling Some Enterprise Customers

by Team Lumida
2 hours ago
Pentagon–Anthropic Feud Escalates as AI Policy Clash Threatens Defense Contracts

Bloomberg Opinion's Parmy Olson reports that Anthropic's latest Claude models are making some business customers uncomfortable — raising questions about AI personality, autonomy, and who is really in...

Read more

Nvidia AI Chips Were Smuggled to China Through Japan, Taiwan Suspects

by Team Lumida
2 hours ago
Nvidia’s Stock: Is It Too Good to Be True Now?

Taiwan prosecutors say at least one shipment of Nvidia-powered Super Micro servers cleared customs and traveled via Japan to Hong Kong — a known waypoint for hardware ultimately...

Read more

SK Hynix and Micron Cross $1 Trillion — AI Memory Is the New Bottleneck

by Team Lumida
2 hours ago
SK Hynix and Micron Cross $1 Trillion — AI Memory Is the New Bottleneck

SK Hynix surged 13% to join the $1 trillion club, with Micron up 19% the day before — as investors price in a multi-year HBM shortage that gives...

Read more

The First AI-Native Graduating Class Is Entering the Workforce — Into a Market That Both Wants and Fears Them

by Team Lumida
1 day ago
China’s AI Startups Challenge Global Leaders Amid U.S. Trade Curbs

The Class of 2026 started college months before ChatGPT launched and is leaving as AI reshapes the entry-level jobs they expected to land. Employers are split: some are...

Read more

Pope Leo XIV Issues Landmark AI Encyclical — Calls to ‘Disarm’ Technology Before It Dominates Humanity

by Team Lumida
2 days ago
Pope Leo XIV Issues Landmark AI Encyclical — Calls to ‘Disarm’ Technology Before It Dominates Humanity

In his most consequential act since becoming pope, Leo XIV released 'Magnifica humanitas,' a sweeping moral directive on artificial intelligence that puts the Catholic Church on a collision...

Read more

Nvidia Posts $81.6 Billion Quarter — Up 85% — as the Agentic AI Era Goes Parabolic

by Team Lumida
6 days ago
Nvidia’s AI Demand Surge: Hon Hai Ramps Up Server Production

Nvidia shattered expectations with record Q1 revenue of $81.6 billion and net income of $58.3 billion, driven by exploding demand for AI agents and data-center compute. CEO Jensen...

Read more

Anthropic Is on Pace for Its First Profitable Quarter — With $10.9 Billion in Q2 Revenue

by Team Lumida
6 days ago
Pentagon–Anthropic Feud Escalates as AI Policy Clash Threatens Defense Contracts

Anthropic expects $10.9 billion in Q2 revenue — more than double Q1 — and $559 million in operating profit, its first profitable quarter ever, driven by explosive enterprise...

Read more

OpenAI Is Filing for Its IPO — Possibly as Soon as This Friday

by Team Lumida
7 days ago
OpenAI Hack: Why AI Companies Are Prime Targets for Cyberattacks

OpenAI is working with Goldman Sachs and Morgan Stanley on a confidential IPO filing it could submit as early as Friday, targeting a public debut as soon as...

Read more

Meta’s 8,000 Layoffs Are Underway — and It’s Already Tracking Employee Keystrokes to Train AI

by Team Lumida
7 days ago
a white square with a blue logo on it

Meta began cutting roughly 8,000 jobs Wednesday while simultaneously moving 7,000 workers into AI roles — the most sweeping restructuring in the company's history, funded by eliminating positions...

Read more

Anthropic Gives Mythos Users the Green Light to Share Cyber Threat Intelligence With Each Other

by Team Lumida
1 week ago
Pentagon–Anthropic Feud Escalates as AI Policy Clash Threatens Defense Contracts

Anthropic has updated its policies to allow users of its Mythos platform to share cyber threat intelligence with third parties, a significant shift in how AI-assisted security research...

Read more
Next Post
Iran Is Running the 1980s Tanker War Playbook Again — This Time With Drones

US Waits on Iran's Response to Peace Deal as Israel Strikes Beirut

US Jobless Claims Tick Up but Remain Near Decades-Low Levels

US Jobless Claims Tick Up but Remain Near Decades-Low Levels

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Will September’s Fed Rate Cuts Surprise Investors? Here’s What Deutsche Bank Predicts

Fed Officials Grapple With Tariff-Induced Uncertainty Amid Inflation and Growth Risks

April 11, 2025
Meta’s Reels Quietly Became a $50B Revenue Engine—and Now Targets the Living Room

Meta’s Reels Quietly Became a $50B Revenue Engine—and Now Targets the Living Room

January 2, 2026
Will September’s Fed Rate Cuts Surprise Investors? Here’s What Deutsche Bank Predicts

Fed’s Inflation Strategy Shifts as Trump’s Return Looms: Powell Navigates Policy Crossroads

December 27, 2024

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto data centers Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Intel Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018