Current Events > Elon Musk confirms threat: give me 25% of Tesla or you don't get AI and robots

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solosnake
05/20/24 1:38:05 PM
#1:


https://electrek.co/2024/05/20/elon-musk-confirms-threat-give-me-25-of-tesla-or-no-ai-robotics/

By approving of this post, the CEO appears to say that these conditions are needed for him not to divert AI and robotics products away from Tesla:
get 25% voting power over Tesla
Reincorporate Tesla in Texas
reapprove his 2018 compensation package


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ClayGuida
05/20/24 1:40:46 PM
#2:


Tesla should really oust him as he's nothing but a PR person for them and a mediocre one at that.

He wants to be Jobs, but he's not that. He's just a public figure who's mastered the ability to alter markets with his words, like Trump did in the 80's and 90's.

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Printerscape
05/20/24 1:41:58 PM
#3:


If he doesnt have majority control, how does he divert AI and robotics to elsewhere? And if he does anyway, why not just buy stock in that other company?
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Were_Wyrm
05/20/24 1:42:35 PM
#4:


Not much of a threat when there's better AI and robots out there.

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TMOG
05/20/24 1:44:36 PM
#5:


Were_Wyrm posted...
Not much of a threat when there's better AI and robots out there.
This. Musk couldn't even get his own AI to be as bigoted as he wanted it to be, and that's one of the easiest things for an AI to do.
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solosnake
05/20/24 1:47:46 PM
#6:


https://www.teslarati.com/tesla-investors-vote-musk-texas/#google_vignette

Tesla has shared a new video ahead of its upcoming Annual Shareholders Meeting next month, urging voters once again to vote in favor of two proposals: CEO Elon Musks recently struck-down compensation plan from 2018 and the companys re-incorporation in Texas.

The Tesla team put this together of their own volition (I did not ask for it), Musk wrote in a repost of the video on X. Thanks!
The Board of Directors has consistently also voiced their support for the proposals, with Board Chair Robyn Denholm recently sharing her thoughts on the judges decision and Musks pay package in general.

Elon has not been paid for any of his work for Tesla for the past six years That strikes us, and the many stockholders from whom we already have heard, as fundamentally unfair, Denholm said last month. We do not think that what the Delaware Court said is how corporate law should or does work. If it is legally advisable, we suggest simply subjecting the original 2018 package to a new shareholder vote.

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1337toothbrush
05/20/24 1:51:25 PM
#7:


He's desperate to cash out before the stock tanks hard.

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Krojen
05/20/24 1:51:44 PM
#8:


Threat confirmed in hard hitting one word reply to a fan theory account. Reporting courtesy of hastily made weebly blog.

I voted no. So hes going to remain at like 9% of the company. Hes losing power and panicking. Go play in space we dont need you anymore.

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#9
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Smashingpmkns
05/20/24 1:54:23 PM
#10:


There's probably at least a dozen other companies in that field that would happily collaborate with Tesla once Musk is gone. That's a terrible ultimatum lol

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Voidgolem
05/20/24 1:55:03 PM
#11:


"You need to give me power so I can do things" doesn't work when we've -seen- what he does with that power

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creativerealms
05/20/24 1:56:22 PM
#12:


Tesla is far behind on robotics and AI anyway.

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#13
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dummy420
05/20/24 2:01:47 PM
#14:


I voted no before I finally sold off my stocks. I made a good bit of money off of it but man Elon is a fucking moron.

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solosnake
05/20/24 2:02:51 PM
#15:


dummy420 posted...
I voted no before I finally sold off my stocks. I made a good bit of money off of it but man Elon is a fucking moron.
theres another vote coming by june 13th

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RetuenOfDevsman
05/20/24 2:03:24 PM
#16:


Look Musk

Nobody is fooled by you anymore

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dummy420
05/20/24 2:04:13 PM
#17:


solosnake posted...
theres another vote coming by june 13th
Oh well. I finally punched out.

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creativerealms
05/20/24 2:11:52 PM
#18:


RetuenOfDevsman posted...
Look Musk

Nobody is fooled by you anymore
I wish that was true.

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Krojen
05/20/24 2:12:21 PM
#19:


creativerealms posted...
Tesla is far behind on robotics and AI anyway.
Boston Dynamics fooling an entire generation by palette swapping some Chuck E Cheese animatronics for a YouTube video is wild.

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creativerealms
05/20/24 2:15:09 PM
#20:


Krojen posted...
Boston Dynamics fooling an entire generation by palette swapping some Chuck E Cheese animatronics for a YouTube video is wild.
Explain? I'm trying to find that.

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EmbraceOfDeath
05/20/24 2:17:24 PM
#21:


Musk himself has nothing to do with the actual development of anything and has no useful skills so no loss there.

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Trumpo
05/20/24 2:19:45 PM
#22:


SEC needs to put their big boy pants and hit him with a 11 or 12 digit fine

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CrimsonGear80
05/20/24 2:19:57 PM
#23:


"Elon has not been paid for any of his work for Tesla for the past six years"

well yeah, you actually have to DO work to get payed for it...

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LonelyStoner
05/20/24 2:20:24 PM
#24:


I wish he would go work in his daddys mines instead of sitting on his ass on Twitter all day.

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#25
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creativerealms
05/20/24 3:19:58 PM
#26:


ToteAll posted...
It's a hyperbole...
Darn.

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Krojen
05/20/24 5:10:20 PM
#27:


creativerealms posted...
Explain? I'm trying to find that.

ToteAll posted...
It's a hyperbole...

creativerealms posted...
Darn.
Yep, just used to people bringing up Boston Dynamics as the leaders in robotics due to their scripted movement vids.

They movie magic you for a decade about their Robo-AI doing combat or dancing when all they really have is a dog shaped Roomba. They were bought by Hyundai for their YouTube ad rev.

At least Tesla has millions of car robots collecting data on understanding and navigating the real world.

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creativerealms
05/20/24 5:33:46 PM
#28:


Krojen posted...
Yep, just used to people bringing up Boston Dynamics as the leaders in robotics due to their scripted movement vids.

They movie magic you for a decade about their Robo-AI doing combat or dancing when all they really have is a dog shaped Roomba. They were bought by Hyundai for their YouTube ad rev.

At least Tesla has millions of car robots collecting data on understanding and navigating the real world.
You want me to believe the company whose self driving maybe works for five seconds before the driver has to take over has Robocars navigating the real world? Lol.

Sorry but that's not happening.

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solosnake
05/20/24 5:44:39 PM
#29:


creativerealms posted...
You want me to believe the company whose self driving maybe works for five seconds before the driver has to take over has Robocars navigating the real world? Lol.

Sorry but that's not happening.
hopefully it doesnt happen, otherwise they are gonna start removing steering wheels from future cars. I like driving personally

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Krojen
05/20/24 6:04:29 PM
#30:


creativerealms posted...
You want me to believe the company whose self driving maybe works for five seconds before the driver has to take over has Robocars navigating the real world? Lol.

Sorry but that's not happening.
No, Im saying thats more than a company that only makes funny videos has.

Even by your opinion formed exclusively from ragebait, the AI is understanding a complex city environment for 5 seconds, unscripted.

It drives my city commutes flawlessly, but I dont like it because its too cautious and Im a boomer that doesnt even trust cruise control.

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Squall28
05/20/24 6:11:05 PM
#31:


What is he going to do? Layoff off the entire team? Wait...

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solosnake
05/20/24 6:20:52 PM
#32:


Squall28 posted...
What is he going to do? Layoff off the entire team? Wait...
yeah, he will probably through a tantrum like a toddler and try to wreck the company any way he can lmao.

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WingsOfGood
05/20/24 8:53:23 PM
#33:


this is why billionaires shouldn't exist

man is literally threatening us
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