[quote}"Elon prioritizing X H100 GPU cluster deployment at X versus Tesla by redirecting 12k of shipped H100 GPUs originally slated for Tesla to X instead. In exchange, original X orders of 12k H100 slated for Jan and June to be redirected to Tesla."[/quote]
IANAL but that in and unto itself doesn't seem to be a violation unless it can be shown that a) Tesla paid for the X order or b) it had a material impact on Tesla's revenue due to delayed product development that required those devices.
Now syphoning off money to build a CEO mansion would be fraud, unless reported to the IRS as CEO compensation with appropriate tax withholdings. Or working for X and charging salary to Tesla, though probably harder to prove in court.
I do feel sorry for Musk with his pay package falling from $56B to $46B. I mean, my god, his child(ren?) need braces.
