Musk Demands Bigger Stake in Tesla as Price for A.I. Work


Elon Musk has demanded a larger stake in Tesla, asking for shares worth over $80 billion to continue his work on artificial intelligence products. He threatened to pursue ventures outside of Tesla if his demands are not met. Musk's push for more control reflects his ambition to lead AI and robotics development at Tesla. This move has surprised investors and raises concerns about the company's future. Musk's erratic behavior has previously impacted Tesla's stock price and led to legal issues with regulators. His demand for a 25% stake in the company is seen as unusual and could face challenges from the board and existing shareholders. This latest development adds to the unpredictable nature of Musk's leadership and its impact on Tesla's trajectory in the competitive automotive industry.



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