As expected, the ongoing one-upmanship between Elon Musk and OpenAI’s CEO, Sam Altman, has descended into a juvenile, name-calling brinkmanship, with the CEO of Tesla labeling his OpenAI counterpart a “swindler,” and the latter responding by positing that Musk’s bid for his company came from a “position of insecurity.” Now, Oppenheimer has jumped into this melee with a much-needed rational take on these fast-paced developments. To wit, Oppenheimer analyst Colin Rusch thinks that Elon Musk’s $97.8 billion unsolicited bid for OpenAI via a consortium of investors is merely a distraction: “While TSLA (Tesla) has shifted focus to being a Physical […]
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