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?
I would buy from a company that knows how to build cars already so the difference is mostly a new power train, not an entirely new product. That’s not to say Tesla, Lucid, or Rivian can’t build a good product, but there are more unknowns with them. As with any car, be careful buying the first model year.