4 ms·

In case the title is also unclear to you: > The controversial CEO took to his social media platform X to say that unless he is awarded another 12 percent of th

In case the title is also unclear to you: > The controversial CEO took to his social media platform X to say that unless he is awarded another 12 percent of the company, which would give him ownership of 25 percent of Tesla, he would be "uncomfortable growing Tesla to be a leader in AI & robotics."

FireBeyond 3y ago
Where his "discomfort" is "I don't want to do my job (at least with respect to AI, i.e. FSD, I'm willing to give him a pass on robotics, which is only because I feel that most non-Stans see it as vaporware) unless I'm given 92% more equity than I currently have." Quite the threat.
- object-a 3y ago
  It seems empty -- I guess he can work on generative AI and Robotics at another company (probably better he does so). But can he actually stop or obstruct FSD at Tesla? If I was an investor in Tesla, I think I'd want him to start a separate company for those other tasks and then invest separately.
- foofie 3y ago
  > Quite the threat. I wonder if Tesla's institutional shareholders see Tesla's foray into robotics as a money-losing distraction that drains precious company resources to serve no other purpose than to have bragging rights. If any major shareholder does, Musk's threats seem to be a way to invite him to pursue his pet projects with his own money.
  - Zigurd 3y ago
    I think this is a game of hot potato being played. TSLA is overpriced. When that bubble bursts the finger of blame is going to go all over the place. Elon is positioning himself to say "See, you should have incentivized me do more ai and robotics." And if the board actually buys that line, he gets back all the money he lost in Twitter. It takes some audacity to say "I alone can maintain Tesla's absurd PE ratio."l Especially after doing what he did to Twitter's valuation.

4 ms·

In case the title is also unclear to you: > The controversial CEO took to his social media platform X to say that unless he is awarded another 12 percent of th

by ubutler 3y ago

FireBeyond 3y ago
Where his "discomfort" is "I don't want to do my job (at least with respect to AI, i.e. FSD, I'm willing to give him a pass on robotics, which is only because I feel that most non-Stans see it as vaporware) unless I'm given 92% more equity than I currently have." Quite the threat.
- object-a 3y ago
  It seems empty -- I guess he can work on generative AI and Robotics at another company (probably better he does so). But can he actually stop or obstruct FSD at Tesla? If I was an investor in Tesla, I think I'd want him to start a separate company for those other tasks and then invest separately.
- foofie 3y ago
  > Quite the threat. I wonder if Tesla's institutional shareholders see Tesla's foray into robotics as a money-losing distraction that drains precious company resources to serve no other purpose than to have bragging rights. If any major shareholder does, Musk's threats seem to be a way to invite him to pursue his pet projects with his own money.
  - Zigurd 3y ago
    I think this is a game of hot potato being played. TSLA is overpriced. When that bubble bursts the finger of blame is going to go all over the place. Elon is positioning himself to say "See, you should have incentivized me do more ai and robotics." And if the board actually buys that line, he gets back all the money he lost in Twitter. It takes some audacity to say "I alone can maintain Tesla's absurd PE ratio."l Especially after doing what he did to Twitter's valuation.