Musk wants 25% voting control at Tesla before fulfilling AI goal
Tesla CEO Elon Musk said he would be uncomfortable growing the automaker to be a leader in artificial intelligence and robotics without having at least 25% voting control of the company, nearly double his current stake. I should note that the Tesla board is great. The reason for no new “compensation plan” is that we are still waiting for a decision in my Delaware compensation case. The trial for that was held in 2022, but a verdict has yet to be made. I put “compensation plan” in quotes,… — Elon Musk (@elonmusk) January 15, 2024 Musk said on Monday in a post on social media platform X, formerly known as Twitter, that unless he got stock in the world's most valuable automaker that was "enough to be influential, but not so much that I can't be overturned," at Tesla, he would prefer to build products outside of the electric-vehicle manufacturer. Musk's warning about developing AI and robotics outside Tesla unless...