In a series of posts on X Monday night, Musk said that he would not want to grow Tesla to become a leader in artificial intelligence and robotics without a compensation plan that would give him ownership of around 25% of the company’s stock. That would be about double the roughly 13% stake he currently owns.

Just casually asking for a roughly 80 Billion dollar pay raise. But at this point would Tesla be better off without him?

  • kingthrillgore@lemmy.ml
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    7 months ago

    If BYD was available in the US (and i’m certain BYD is looking into how to get here, probably the same trick Renault tried with Saturn and ultimately Mitsubishi) they would probably saturate the market, because at the very least, they’re affordable. Nobody in Detroit or Wolfsburg will make a cheap EV because Tesla spooked the market into being a luxury thing.