"Elon Musk's Power Struggle: Tesla's Board Faces Nightmare Task"

1 min read
Source: Business Insider
"Elon Musk's Power Struggle: Tesla's Board Faces Nightmare Task"
Photo: Business Insider
TL;DR Summary

Elon Musk is demanding a 25% voting control in Tesla to lead in AI and robotics, threatening to build products outside of Tesla if his request isn't met. This power grab comes at a critical time for Tesla as it faces challenges in the EV market and a rough start to the year in terms of share price. Meanwhile, top analysts have identified seven mid-cap stocks with potential for big returns, JPMorgan CEO Jamie Dimon warns of economic troubles ahead, and Ray Dalio believes that both leading US presidential candidates pose risks to the markets.

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