"Elon Musk Pushes for Increased Control of Tesla Amid AI and Ownership Concerns"

1 min read
Source: Bloomberg
"Elon Musk Pushes for Increased Control of Tesla Amid AI and Ownership Concerns"
Photo: Bloomberg
TL;DR Summary

Elon Musk wants 25% voting control of Tesla before building its AI products and has warned that he would consider developing AI outside of the company if this condition is not met, indicating his desire for a larger stake in the electric vehicle maker. He also addressed questions about his need for another large compensation package, citing an ongoing shareholder suit against a previous package as the reason for the delay in implementing a new plan.

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