Musk wants a bigger share in Tesla to grow AI, robotics business.

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  • Additional Information
    • Subject Terms:
      TESLA Inc. TSLA
    • Subject Terms:
      MUSK, Elon, 1971-
    • Abstract:
      Elon Musk, CEO and co-founder of Tesla, expressed his desire for more control over the company in order to advance its position in artificial intelligence (AI) and robotics technology. Musk currently holds a 13% share in Tesla, but feels that this is not enough to have significant voting control. He suggested that if he does not get his way, he may take Tesla's AI and robotics development elsewhere. Musk's comments have sparked controversy and debate among industry watchers, with some supporting his desire for more control and others viewing it as a power grab. [Extracted from the article]