Elon Musk would like to see his stake in Tesla’s capital double, to carry out certain projects.
Still being the world leader in electric vehicles, despite increasingly fierce competition from BYD, is not enough for the richest man in the world, Elon Musk. He has just explained on his social network It remains to be seen whether shareholders will agree.
Elon Musk would like to have 25% of the capital of Tesla
All means are good for learning news. Thus, in recent days, Elon Musk has indicated that he would like a new compensation program for his work at the head of Tesla. A discussion on X.com then followed, a conversation in which the billionaire ended up participating, sharing his ambitions for the future.
And they are big. Because the man of South African origin explained that he wanted to obtain a much greater stake in the capital of the Californian firm. He would in fact like to hold 25% of the company’s shares, whereas currently, he only owns 12% of Tesla shares.
The AI problem
This new position would allow him to be more confident as he aims to lead new achievements in sectors of the future, such as artificial intelligence or robotics. As a reminder, Tesla is working on its Dojo supercomputer, with the objective of developing a tool with the computing power of 100 exaflops (100 billion billion operations) per second. The American giant also presented last December the new generation of its robot, Optimus.
For Elon Musk, acquiring this 25% of Tesla shares will be “ enough for [qu’il] be influential, but not so influential that it cannot be overthrown. » « At 15% or less, the pro/con ratio for overthrowing me makes a takeover by dubious interests too easy » he adds in the following post. If he does not get what he is offering, he would instead look to develop these products outside of Tesla. Which would be bad news for shareholders. So, should we expect change in 2024 at Tesla?
Source : Bloomberg
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