arstechnica,
@arstechnica@mastodon.social avatar

Elon Musk gives Tesla ultimatum: Another 12% of shares or no AI, robotics

Although 95% of its revenue is automotive, Musk says Tesla is a robotics/AI company.

https://arstechnica.com/cars/2024/01/elon-musk-gives-tesla-ultimatum-another-12-of-shares-or-no-ai-robotics/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social

Chancerubbage,
@Chancerubbage@mastodon.social avatar

@arstechnica I’m sure there are Tesla execs and others that would jump at the opportunity to seperate from Musk.

LoneLocust,
@LoneLocust@mastodon.social avatar

@arstechnica If he wants 12% more, he should just take out a loan and buy it.

konfun,
@konfun@mastodon.social avatar

@arstechnica He's like gambling addict. But for Twitter.

inkican,
@inkican@mastodon.social avatar

@arstechnica in other news, creepy journalism trends where large media outlets pay way too much attention to stupid, greedy oligarchs continue to outpace previous record-breaking levels set in 2023.

robreed,

Whether a consumer, investor, … When you run into someone like Musk, you don't ask questions. You just turn around a walk away.

NIH_LLAMAS,
@NIH_LLAMAS@mastodon.social avatar

@arstechnica He needs money to make his Twitter debt payments.

zorinlynx,
@zorinlynx@tiggi.es avatar

@arstechnica He wants to take full control. Based on what happened with Twitter, that would be pretty much the worst idea ever.

feld,
@feld@bikeshed.party avatar

@zorinlynx @arstechnica why would the board want to be blackmailed like this? just fire him and move on

WiredForFlight,
@WiredForFlight@mastodon.social avatar

@arstechnica It is fairly simple. No. Can’t blackmail the company into doubling Elon’s shares. All AI and Robotics so far built under Telsla is their IP not his. Also this would be a flip from Musk’s statement that Tesla was an energy company to AI/Robotics… Sorry Elon, if ya want to start a new company that is a different question all together.

0xabad1dea,

@arstechnica … does he think that’s a threat?

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