Elon Musk confirms his threat: give me 25% of Tesla or you don't get AI and robotics
Posted: May 21, 2024
- Elon Musk hinted at needing 25% control of Tesla to continue building AI and robotic products at the company - Musk believes Tesla's success relies on AI and self-driving technology - If Musk gets 25% voting power, Tesla is reincorporated in Texas, and his compensation package is approved, AI and Robotics products will stay within Tesla - Musk's 2018 compensation package would give him around 18% control of Tesla - The CEO's threat to move AI and robotics products away from Tesla is concerning and could potentially harm the company - Electrek expresses concern over Musk's threats and the lack of action from Tesla's board of directors.
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