damages News & Analysis

Musk (TSLA) Trial Against OpenAI Begins, $134 Billion at Stake

Opening arguments in the trial between Elon Musk (TSLA) and OpenAI began with Musk accusing the organization of breaching a commitment to remain nonprofit. Musk's lawsuit claims he should receive up to $134 billion in damages for alleged reneging on promises regarding his $38 million donation. The trial is presided over by Judge Yvonne Gonzalez Rogers in Oakland, California, with Musk's legal team aiming to prove claims of breach of charitable trust and unjust enrichment. The outcome of this trial may significantly impact OpenAI and it has been labeled by the company as a 'baseless' harassment campaign.