Elon Musk confirms his threat give me 25% of Tesla or you don’t get AI and robotics

Elon Musk's Demand

Elon Musk has made a bold demand, stating that he needs 25% of Tesla or he won't develop AI and robotic products at the company.

He has emphasized that Tesla's value is heavily reliant on these technologies.

Tesla's Focus on AI and Robotics

Musk has consistently highlighted Tesla as an AI and robotics company,

stressing that the company's worth is closely tied to its self-driving technology.

CEO's Control Over Tesla

Musk currently owns about 13% of Tesla's shares, and with his 2018 compensation package, he could potentially have up to 18% ownership.

However, he is pushing for even greater control over the company.

Repercussions of the Ultimatum

This ultimatum has raised concerns, with some expressing disbelief at the CEO's public threat to withhold critical products from Tesla unless his demands are met.

The Future of Tesla

Musk's conditions for maintaining AI and robotics products within Tesla include

obtaining 25% voting power,

reincorporating Tesla in Texas, and

reapproving his 2018 compensation package.

This situation has sparked controversy and uncertainty about the company's future.