{"id":982,"date":"2024-01-20T01:40:42","date_gmt":"2024-01-20T01:40:42","guid":{"rendered":"https:\/\/muskmarketalert.com\/?p=982"},"modified":"2024-01-20T01:40:42","modified_gmt":"2024-01-20T01:40:42","slug":"why-is-elon-musk-pushing-for-more-control-at-tesla","status":"publish","type":"post","link":"https:\/\/muskmarketalert.com\/why-is-elon-musk-pushing-for-more-control-at-tesla\/","title":{"rendered":"Why Is Elon Musk Pushing for More Control at Tesla?"},"content":{"rendered":"

Elon Musk<\/a>, serving as both the CEO and principal shareholder of Tesla<\/a>, is actively seeking to increase his control over the company.<\/p>\n

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Known for pioneering artificial intelligence<\/a> (AI) in autonomous driving and advancing robotics, Musk is now aiming to intensify his focus in these areas. This strategic shift could potentially broaden Tesla’s scope, marking a pivotal turn in the company’s direction.<\/p>\n

Musk’s Effort for Increased Voting Influence<\/strong><\/h2>\n

Recently, Musk voiced his concerns on X (formerly known as Twitter) about leading Tesla’s AI and robotics initiatives without sufficient voting control.<\/p>\n

He believes that holding approximately 25% would grant him enough influence to significantly shape Tesla’s future, while still maintaining a balance of power. However, without this level of control, Musk might consider moving his focus on AI and robotics outside of Tesla.<\/p>\n

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I am uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control. Enough to be influential, but not so much that I can\u2019t be overturned.<\/p>\n

Unless that is the case, I would prefer to build products outside of Tesla. You don\u2019t seem to understand\u2026<\/p>\n

— Elon Musk (@elonmusk) January 15, 2024<\/a><\/p><\/blockquote>\n