Tesla CEO Elon Musk said he would be uncomfortable growing the automaker to be a leader in artificial intelligence and robotics without having at least 25% voting control of the company, nearly double his current stake.
Tesla CEO Elon Musk said he would be uncomfortable growing the automaker to be a leader in artificial intelligence and robotics without having at least 25% voting control of the company, nearly double his current stake.
Musk said on Monday in a post on social media platform X, formerly known as Twitter, that unless he got stock in the world’s most valuable automaker that was “enough to be influential, but not so much that I can’t be overturned,” at Tesla, he would prefer to build products outside of the electric-vehicle manufacturer.
He has long touted Tesla’s partially automated “Full Self-Driving” software and its prototype humanoid robots but the electric-vehicle maker generates most of its revenue from its automotive business.
