Elon Musk Seeks Greater Control Over Tesla Ahead of AI Advancements
Posted on AllSides January 16th, 2024
From The Center
GONZALO FUENTES/REUTERS
Musk said late Monday in a post on X that he wants enough control at Tesla to be influential, but not so much that he couldn’t be overruled.
“Unless that is the case, I would prefer to build [AI] products outside of Tesla,” Musk wrote on the social-media platform.
The billionaire currently controls about 13% of Tesla, according to FactSet, having previously sold some of his holding in the company to fund his purchase of what was then called Twitter.
Tesla shares were down more than 2% in premarket trading Tuesday. The company didn’t...
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