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    Elon Musk Expresses Discomfort with Tesla’s AI Leadership Without Increased Voting Control

    Elon Musk, CEO of Tesla, voiced his discomfort on Monday about growing the automaker into an artificial intelligence and robotics leader without securing at least 25% voting control of the company. This statement comes as Musk currently holds nearly 13% of Tesla stock, and he emphasized the need for a more significant stake to exert influence without the risk of being overruled.

    In a post on the social media platform X (formerly Twitter), Musk stated that he would prefer to build products outside of Tesla unless he obtained stock that was “enough to be influential, but not so much that I can’t be overturned.” While Musk has been a proponent of Tesla’s “Full Self-Driving” software and humanoid robots, the majority of the company’s revenue is generated from its automotive business.

    Elon Musk, the world’s wealthiest individual, highlighted his willingness to consider a dual-class share structure to achieve the desired 25% voting control. However, he expressed frustration, noting that such a structure is deemed impossible post-IPO, contrasting it with Meta’s multi-class share system that allows extended control for its founders.

    Despite Musk’s willingness to embrace a dual-class structure, Tesla has not provided an immediate response to inquiries seeking comments on this matter.

    Elon Musk is currently facing a lawsuit related to his compensation package. Tesla shareholder Richard Tornetta filed a lawsuit in 2018, alleging that Musk, through his dominance over Tesla’s board, secured an excessively generous compensation package without committing to full-time work at the electric vehicle company.

    Musk clarified on X that there is no ongoing “feud” with the board concerning his compensation package and suggested that a pending verdict is hindering discussions on the matter.

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