Elon Musk wants more control of Tesla, seeks 25% voting power
Publishing timestamp: 2024-01-16 09:36:05
Summary
Elon Musk is seeking 25% of voting control over Tesla, as he is uncomfortable with growing the company's AI and robotics capabilities without having more influence. He currently owns about 13% of the company's stock. Musk's request for more control comes after shareholders previously sued him and Tesla over his excessive pay package. The article also mentions Musk's previous statements about Tesla's importance in AI and robotics, as well as concerns and controversies surrounding his leadership and the company's board of directors.
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Keywords: autos, climate, tesla inc, business news, technology, general motors co, toyota motor corp, elon musk,