Musk, Tesla's largest shareholder with a current stake of more than 12 percent, responded to a post dated Musk wrote: “I feel uncomfortable helping Tesla become a leader in AI and robotics without having 25 percent voting control.” “If not, I would prefer to develop products outside of Tesla.”
“If I own 25%, it means I'm influential, but I could be pushed back if there are twice as many shareholders voting against me,” Musk said. “At 15% or less, it's very easy for questionable interests to overwhelm.” On my vote.” “To be able to slide.”
Tesla mainly produces electric cars and batteries, but the technology company also has other projects in the pipeline. For example, the company is developing the Optimus robot and last month published a video demonstrating improvements to the prototype. The automaker is also investing more than $1 billion in the Dojo supercomputer project, which will train machine learning models behind the electric car maker's self-driving systems and could add $500 billion to Tesla's value, according to analysts.
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