Elon Musk Wants 25% Tesla Voting Control
By RT News
Elon Musk Wants 25% Tesla Voting Control
The billionaire is chasing “enough [voting power] to be influential, but not so much that I can’t be overturned” at the automaker if he is to drive the company to be a leader in AI and robotics.
That would mean almost doubling his current stake to 25% after he sold off billions in stock to fund his purchase of Twitter. Still, he has been told it won’t be possible to do so via a dual-class share structure following Tesla’s initial public offering.
