Elon Musk revealed that he would prefer to build products from Artificial Intelligence (AI) out of Tesla if he does not have control of 25% of the votes, suggesting that the billionaire might prefer a larger stake in the world’s most valuable electric vehicle company.
The tycoon’s comments were made through X (former Twitter): “I feel uncomfortable making Tesla a leader in artificial intelligence and robotics without having 25% voting control. Enough to be influential, but not so much that they can’t overthrow me Unless that’s the case, I would prefer to make products outside of Tesla. “They don’t seem to understand.”
Musk expanded on the situation in further comments, explaining that his interests were mainly power influence the direction of AI development rather than necessarily wanting more money.
“If I have 25%it means I have influence, but it can be voided if twice as many shareholders vote against me as those who vote for me. At 15% or less, the pro/against ratio to override me makes a takeover for dubious interests too easy.”
Tesla: shareholder demand
The shareholders They sued Musk in 2022 over his compensation package: a $56 billion deal made in 2018 recognized at the time as eThe largest CEO compensation package in history.
According to Musk, he is ready to discuss his next package, but discussions with the board are on hold while the outcome of the 2022 court case is decided:
Reportedly, previously owned up to 22%but currently owns about 13% after selling shares in 2022.
Tesla and artificial intelligence
Currently, Tesla builds several AI related products, including Dojo, a supercomputer for AI, the Autopilot and Full Self Driving software packages, and Optimus, an early-stage robotics project.
At least two of the other companies Musk, X and Neuralink, They also develop artificial intelligence products or services. X recently released its own large language model that aims to compete with ChatGPT, and Neuralink has developed patented robotics for applications automated surgery.
It’s unclear how far along Tesla’s AI efforts are. As of their most recent updates, neither Autopilot nor Full Self-Driving have been authorized for autonomous vehicle operations; both are considered driver assistance software.
And as for Optimus, the current state of the product seems to imply more engineering than artificial intelligence.
Source: Ambito
