Elon Musk's Quest for Greater Control of Tesla: Demanding 25% Ownership

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Source: NDTV
Elon Musk's Quest for Greater Control of Tesla: Demanding 25% Ownership
Photo: NDTV
TL;DR Summary

Elon Musk expressed discomfort with growing Tesla's leadership in AI and robotics without achieving 25% voting control, suggesting he would prefer to build AI products outside of Tesla if this condition isn't met. He argued that Tesla is a collection of startups and emphasized the company's advancements in AI and robotics. Musk's desire for greater control comes amid shareholder dissatisfaction and a decline in Tesla's stock value, with concerns raised about the company's focus and direction.

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