Elon Musk said he would rather develop artificial intelligence (AI) products outside Tesla without 25% voting control, suggesting the billionaire is considering his stake in the world's most valuable electric car maker. Data shows that the Tesla CEO currently holds more than 12% of the company's shares. He posted on the social media platform X that Tesla is a collection of more than a dozen start-up companies.
He called for comparisons between Tesla and General Motors, one of the traditional leaders in the auto industry.
Musk, Tesla's largest single shareholder, did not elaborate on his thoughts. "Developing Tesla into a leader in AI and robotics would not bother me without ~25% voting control," the world's richest man wrote in a post on X.