Elon Musk
@elonmusk · 15. Jan. 2024
table 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 no
Elon Musk
@elonmusk
I should note that the Tesla board is great. The reason for no new “compensation plan” is that we are still waiting for a decision in my Delaware compensation case. The trial for that was held in 2022, but a verdict has yet to be made.
I put “compensation plan” in quotes, because, from my standpoint, this is primarily about ensuring the right amount of voting influence at Tesla.
If I have 25%, it means I am influential, but can be overridden if twice as many shareholders vote against me vs for me.
At 15% or lower, the for/against ratio to override me makes a takeover by dubious interests too easy.
I would be fine with a dual class voting structure to achieve this, but am told it is impossible to achieve post-IPO in Delaware.
23:16 · 15. Januar 2024 · 1,9 Mio. Aufrufe
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