Elon Musk's 13% ownership in Tesla presents a vulnerability to activist shareholders, raising concerns about his control over the company. He stated that he wants a 25% ownership stake to exert more influence while remaining accountable to the board. Musk's concern about being easily ousted by activist investors highlights the pressure he feels in balancing long-term vision against short-term influences. His advocacy for increased ownership coincides with Tesla's expansion into AI and robotics, which he believes require substantial support from dedicated leadership.
"It is a big deal-I don't want to find I have so little control I can be easily ousted by activist shareholders. That is a major concern to me..."
"I am uncomfortable 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."
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