And develop AI and robotics
If Elon Musk gets 25% of Tesla shares, Tesla will be reorganized in Texas and his compensation package will be approved, then «artificial intelligence and robotics will remain in Tesla and the company can move forward to become the largest in the world».
This message left by Teslaconomics on Twitter/X was confirmed personally by the billionaire himself, indicating what he is waiting for before moving on.
In recent years, Musk has repeatedly stated that Tesla — artificial intelligence and robotics company. He even said that Tesla is practically worthless without self-driving, its main artificial intelligence product.
Musk previously said that he was «uncomfortable» create artificial intelligence products at Tesla if he does not have &25% control over the company» – what he doesn't have now – partly because he decided to sell dozens of Tesla shares worth billions of dollars to buy Twitter.
Musk currently owns about 13% of Tesla shares. If his 2018 compensation package comes to fruition, his share will be closer to 18% – provided that he sells part of the shares to pay taxes. This means he will need another compensation package worth tens of billions or a new class of Tesla shares to give him more control over the company.