zlacker

The lawyers are the ones talking, and they have to come up with a fair valuation.

If SpaceX pays too much for it, other SpaceX shareholders have a case against SpaceX leadership. If xAI accepts an offer that is too low, other xAI shareholders have a case against xAI leadership. Given that the leadership is basically the same people, they are very well incentivized to come up with a valuation that is as fair as possible.

And this is not just theoretical, Musk has already been sued successfully once on a similar case, when his companies gave out too much free support to the boring company.

>>Tuna-F+(OP)
Otoh, he is clearly impulsive and doesn’t think the rules apply to him. I am guessing, if one approach benefits him personally the most, there will be enormous pressure to achieve that outcome.

>>Tuna-F+(OP)
Tesla engineers being lent out right after the Twitter buyout to eval the codebase was one of many reasons I won’t work there. So unserious.

>>edmund+T
Otoh, he is clearly impulsive and doesn’t think the rules apply to him.

They don't, so why shouldn't he think that way?

>>a_t48+k1
There are many valid complaints, but why is engineers working not a serious thing?

>>fragme+Vdc
It’s “unserious” in the sense that it’s undisciplined. Don’t those engineers have things to do at Tesla, rather than going to poke around at a social media website codebase? If I were a Tesla shareholder I’d be pretty annoyed - how is doing so advancing making a better car?