Elon Musk has declared his intention to stay CEO of Tesla for a minimum of five years, contingent on not dying and obtaining majority voting rights. At the Qatar Economic Forum, Musk emphasized the importance of control to fend off activist investors who might threaten his position. He clarified that this power is essential for shaping Tesla's future, particularly regarding ambitious projects like humanoid robots. Musk's commitment to leadership demonstrates his focus on the direction of the company and his determination to fend off potential challenges to his role.
If I'm to stay and guide Tesla into its AI-drenched, Optimus-dancing future, I need majority voting power to protect myself from being ousted by activist investors.
It's not just a money thing for Musk; it's about having reasonable control over the future of Tesla and ensuring no one can toss him out for political reasons.
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