Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Elon Musk on whether he’s comfortable pushing Tesla $TSLA deeper into AI and robotics with just 13% voting control: “That is a major concern for me… I don’t want to have so little control that I can easily be ousted by activist shareholders after having built an army of
ELON WHEN ASKED ABOUT HIS CONTROL IN $TSLA: Elon: “Yes, it is a concern. My control over Tesla should be enough that it goes in a good direction but not so much control that I can’t be thrown out it ai go crazy.” Analyst: “Okay, that sounds good. We know you won’t go crazy.”
Elon Musk on if he's comfortable moving Tesla towards AI and robtotics with 13% voting control: "That is a major concern for me and I hope that's addressed at the upcoming shareholder meeting (in Nov). I don't want to have so little control that I can easily be ousted by
Elon Musk said he wants his voting influence at Tesla Inc. adjusted at the company’s November 2025 shareholder meeting, arguing that his current 13% stake leaves him vulnerable to activist investors even as he directs the carmaker’s expansion into artificial intelligence and robotics. Musk told analysts on Wednesday that he seeks a balance: enough control to prevent an ouster by short-term activists, yet not so much authority that the board would be unable to remove him if he "goes crazy." He did not specify a target ownership level or offer details on possible changes to Tesla’s share structure.
