Elon Musk gives Tesla ultimatum: Another 12% of shares or no AI, robotics
Although 95% of its revenue is automotive, Musk says Tesla is a robotics/AI company.
@[email protected] in other news, creepy journalism trends where large media outlets pay way too much attention to stupid, greedy oligarchs continue to outpace previous record-breaking levels set in 2023.
@[email protected] … does he think that’s a threat?
@[email protected] It is fairly simple. No. Can’t blackmail the company into doubling Elon’s shares. All AI and Robotics so far built under Telsla is their IP not his. Also this would be a flip from Musk’s statement that Tesla was an energy company to AI/Robotics… Sorry Elon, if ya want to start a new company that is a different question all together.
<p>Failing that, Musk said he would “prefer to build products outside of Tesla,” then questioned why large institutional investors in Tesla like Fidelity “don’t show up to work,” seemingly confused by the difference between an individual with a job and a company that owns assets.</p>
This is the context I’m here for.
Whether a consumer, investor, … When you run into someone like Musk, you don’t ask questions. You just turn around a walk away.
@[email protected] He needs money to make his Twitter debt payments.
@[email protected] So he is telling the board that he isn’t going to do his job and they didn’t fire him? Wow man. Another world.
@[email protected] The best thing the Tesla board could do would be to kick Musk to the curb.
@[email protected] lol. lmao
@[email protected] they should just fire him effective immediately.
@[email protected] If he wants 12% more, he should just take out a loan and buy it.
@[email protected] He’s like gambling addict. But for Twitter.
@[email protected] I’m sure there are Tesla execs and others that would jump at the opportunity to seperate from Musk.
@[email protected] Musk, please don’t threaten us with a good time.
@[email protected]
Elon is correct on this. Simply selling cars is not a route to success. Basically, any company can copy what they are doing, and it’s super hard to have success in this space. AI and robotics offer the promise of far greater profits.
Having said that, there is no reason to keep Elon Musk to achieve this goal. In fact JB Straubel would make a better CEO and leader for this.
