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Elon Musk Advocates for Balanced Control Over Tesla to Safeguard Its Future

Elon Musk on Tesla's Leadership and Future

Tesla's CEO Elon Musk recently shared his thoughts on the ideal level of control he should have over the company. "It's about having enough influence to steer Tesla in the right direction, yet not so much that I couldn't be removed if I were to lose my way," Musk explained.

Concerns Over Stake and Control

This statement was made in light of questions regarding his comfort in leading Tesla into its next phase, especially in the realm of physical artificial intelligence (AI), with only a 13% stake in the company. "It's a significant concern," Musk admitted, referencing past discussions and expressing hope for resolution at the upcoming shareholders' meeting.

He emphasized the importance of maintaining a balance to prevent being ousted by activist shareholders, highlighting the delicate interplay between leadership control and corporate governance.