Elon Musk Seeks Greater Control Over Tesla Amid AI Concerns
As Tesla's Q4 earnings report approaches, Musk expresses discomfort with his current stake in the company and hints at building products outside of Tesla if his desired level of control is not achieved.
- Elon Musk, CEO of Tesla and owner of X (formerly Twitter), has expressed discomfort with his current level of control over Tesla, stating that he would prefer to have around 25% voting control.
- Musk's stake in Tesla reportedly dropped to 13.4% in 2022 as he sold shares and acquired X.
- Musk has suggested that he might prefer to build products outside of Tesla if he does not achieve the level of control he desires.
- Musk's comments come ahead of Tesla's Q4 earnings report, due on January 24th.
- The International Monetary Fund (IMF) warns that almost 40% of global employment is exposed to AI, with roles such as administrative work and telemarketing most likely to be displaced.
The Verge 
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