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Stock impact report

Elon Musk holds xAI all-hands meeting after a wave of staff departures [Business Insider]

Tesla, Inc. (TSLA) 
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This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Elon Musk held an all-hands meeting with xAI staffers on Tuesday night. The meeting came shortly after the departures of two xAI cofounders. Musk touched on staff exits, a restructuring, and data centers in space. XAI brought staffers together for an all-hands on Tuesday night, shortly after the company lost its second cofounder in less than 48 hours. Musk did not directly address the departures of company cofounders Tony Wu and Jimmy Ba, but thanked those who had left for their contributions to the company. Musk said that the company would continue to carry on despite the recent exits, and said that the staff who had left were not necessary for the future of xAI. The xAI CEO also discussed a restructuring, though it's unclear what it could look like. Wu and Ba both left the company shortly after their responsibilities were changed, Bus Show less Read more
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