Elon Musk bought Twitter in October 2022. Antonio Masiello/Getty Images Some images on X were labeled as "graphic content" due to a "scam bot," Elon Musk…
Antonio Masiello/Getty Images(NEW YORK) Tesla CEO Elon Musk is seeking greater voting control of the electric carmaker, threatening to otherwise pursue major projects such as artificial intelligence outside of the company, he said in a post on X.
The Tesla board, Musk said, should grant him 25% voting control, an amount that would nearly double the vote share currently afforded to Musk through his stake in the company.
The move would tie the company s fate even more closely to its high-profile leader, ensuring Tesla will develop AI in-house at a time when the technology stands poised to shape the auto industry and a range of other sectors, proponents say.
Critics, however, caution of a risky precedent if the company s board were to comply with the request, empowering Musk in any future dispute with shareholders little more than a year after he sold a large number of Tesla shares to help fund his acquisition of X, formerly known as Twitter.
"Musk is Tesla and Tesla is Musk a
Antonio Masiello/Getty Images(NEW YORK) Tesla CEO Elon Musk is seeking greater voting control of the electric carmaker, threatening to otherwise pursue major projects such as artificial intelligence outside of the company, he said in a post on X.
The Tesla board, Musk said, should grant him 25% voting control, an amount that would nearly double the vote share currently afforded to Musk through his stake in the company.
The move would tie the company s fate even more closely to its high-profile leader, ensuring Tesla will develop AI in-house at a time when the technology stands poised to shape the auto industry and a range of other sectors, proponents say.
Critics, however, caution of a risky precedent if the company s board were to comply with the request, empowering Musk in any future dispute with shareholders little more than a year after he sold a large number of Tesla shares to help fund his acquisition of X, formerly known as Twitter.
"Musk is Tesla and Tesla is Musk a
Antonio Masiello/Getty Images(NEW YORK) Tesla CEO Elon Musk is seeking greater voting control of the electric carmaker, threatening to otherwise pursue major projects such as artificial intelligence outside of the company, he said in a post on X.
The Tesla board, Musk said, should grant him 25% voting control, an amount that would nearly double the vote share currently afforded to Musk through his stake in the company.
The move would tie the company s fate even more closely to its high-profile leader, ensuring Tesla will develop AI in-house at a time when the technology stands poised to shape the auto industry and a range of other sectors, proponents say.
Critics, however, caution of a risky precedent if the company s board were to comply with the request, empowering Musk in any future dispute with shareholders little more than a year after he sold a large number of Tesla shares to help fund his acquisition of X, formerly known as Twitter.
"Musk is Tesla and Tesla is Musk a
Antonio Masiello/Getty Images(NEW YORK) Tesla CEO Elon Musk is seeking greater voting control of the electric carmaker, threatening to otherwise pursue major projects such as artificial intelligence outside of the company, he said in a post on X.
The Tesla board, Musk said, should grant him 25% voting control, an amount that would nearly double the vote share currently afforded to Musk through his stake in the company.
The move would tie the company s fate even more closely to its high-profile leader, ensuring Tesla will develop AI in-house at a time when the technology stands poised to shape the auto industry and a range of other sectors, proponents say.
Critics, however, caution of a risky precedent if the company s board were to comply with the request, empowering Musk in any future dispute with shareholders little more than a year after he sold a large number of Tesla shares to help fund his acquisition of X, formerly known as Twitter.
"Musk is Tesla and Tesla is Musk a