"Musk's Ultimatum: Resolving AI Plans and Power Grab at Tesla"

1 min read
Source: TESLARATI
"Musk's Ultimatum: Resolving AI Plans and Power Grab at Tesla"
Photo: TESLARATI
TL;DR Summary

Tesla is expected to resolve Elon Musk's AI initiative plans in the coming months, with Wedbush Securities maintaining a bullish stance on the company and its AI initiatives. Musk expressed discomfort with growing Tesla's leadership in AI and robotics without having around 25% voting control, and stated that he would consider building AI products outside of Tesla if this control wasn't achieved. Wedbush is confident that an agreement will be reached between Musk and the Tesla board on this issue.

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