Elon Musk has articulated a vision for Tesla that goes beyond its identity as a car manufacturer, emphasizing its potential as an AI and robotics powerhouse. Musk has expressed a desire to increase his stake in Tesla to around 25%, stating that this level of ownership would allow him to be an effective steward of the company without having full control. He has suggested that a dual-class stock structure could be a means to achieve this goal, which would safeguard his influence at Tesla and protect against the risk of being ousted by shareholder advisory firms. Musk's comments reflect a strategic push to reposition Tesla as a leader in AI and robotics, highlighting the company's efficiency in AI inference and its potential to create an 'AI and robotics juggernaut.' Cathie Wood has backed Musk's vision, referring to him as a 'Renaissance Man.' Additionally, Musk mentioned that Tesla skipped AI Day in 2023 due to fears of copycats but is considering bringing it back.
$TSLA | Elon Musk Says Tesla Skipped AI Day 2023 On Copycat Fears But Might Bring It Back This Year: 'We Have To Be A Little Cautious' https://t.co/uTH1QBUEqy
$TSLA Elon asked about the 25% request. "And the reason I just sort of roughly picked approximately 25% was that that - that's - that's not so much that I can control the company even if I go bonkers. And if I'm, like, mad, they can throw me out..." Bonkers, mad... https://t.co/NaLyMHW5uo
$TSLA Elon asked about the 25% request. "And the reason I just sort of roughly picked approximately 25% was that that - that's - that's not so much that I can control the company even if I go bonkers. And if I'm, like, mad, they can throw me out..." Bonkers, mad, anything else? https://t.co/9I1udzifcg
Elon Musk floats a dual-class stock structure to get his Tesla stake to 25% “I don’t want to control it, but if I have so little influence at the company at this stage, I could be voted out by some random shareholder advisory firm” https://t.co/RsqGTHd6UB
Elon Musk says one way to get his Tesla stake to 25% could be to create a dual class of shares https://t.co/lEm6sWgkSZ
Musk Reiterates Demand For More Control Of Tesla Saying It’s To Safeguard Against AI Tech Going ‘Awry’ https://t.co/3QHTSjGNFD https://t.co/Hr1Laj1uvp
Elon Musk wants voting control of Tesla’s stock, but he won’t admit it to investors https://t.co/muSpnO6mEf
Elon Musk on a Strong Influence > Control philosophy with TSLA "I see a path to creating an artificial intelligence and robotics juggernaut of truly immense capability and power, and my concern would be - I don't wanna control it but if i have so little influence over the… https://t.co/0wQmjJbshN
Elon Musk just said he thinks people shouldn't think of Tesla $TSLA as a Car company but as an AI and Robotics company
Tesla should not be seen as a car company but as a robotics/AI company Elon Musk
"I see a path to creating an AI and robotics juggernaut of truly immeshes capability; I want to have enough to be influential, not full control… I just want to be an effective steward." Elon Musk on 25% stock ownership of Tesla
Elon said the primary reason why he wants more shares in Tesla is NOT because he wants more economics, he just wants to avoid that a shareholder advisory service firm (or similar) can replace him easily. He thinks a dual class share structure would be ideal. (Source: Q4 2023…
“I see a path to generate an AI and robotics juggernaut” — Elon Musk
Elon Musk just said he thinks Tesla $TSLA is "probably the most efficient company in the world at AI inference"
$TSLA | 'Elon Musk Is A Visionary Leader, He's Our Renaissance Man': Cathie Wood Backs Tesla CEO's Push For 25% Ownership https://t.co/Q3hFXL8yNi
But $TSLA has robots and AI?! https://t.co/VARxg5HzQ5