Elon Musk, the CEO of Tesla and SpaceX, as well as the owner of the social platform X, responded to user posts on X regarding the number of Tesla shares he holds. Musk expressed discomfort at the idea of pushing Tesla to become a leader in AI and Robotics without holding at least 25% of the company’s shares. This percentage would have enough influence on the company, but may not be enough to win every vote.
Currently, Musk holds approximately 13% (411 million shares) of Tesla’s stock. In light of this, he reinforced the belief that if he cannot hold that level of shares, he would choose to create products of this nature under a different company name, potentially reflecting his creation of the chatbot Grok through the company xAI.
TLDR: Elon Musk, the CEO of Tesla and SpaceX, responded to user posts on the social platform X, expressing his discomfort at pushing Tesla’s growth in AI and Robotics without holding a significant stake in the company. He currently holds 13% of Tesla’s shares and suggested creating similar products under a different company if the desired stake cannot be obtained.
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