Overview

• 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.