What Elon SaidAn archive of questions answered

Subjects / Tesla

Opinion

Why do you need the Tesla pay package / more voting control?

“I am uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control. Enough to be influential, but not so much that I can’t be overturned. Unless that is the case, I would prefer to build products outside of Tesla. You don’t seem to understand that Tesla is not one startup, but a dozen. Simply look at the delta between what Tesla does and GM. As for stock ownership itself being enough motivation, Fidelity and other own similar stakes to me. Why don’t they show up for work?”

— Elon Musk, 15 January 2024 · Post on X ↗