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WHAT!? Elon Musk is planning to own ABC to cancel ‘The View’? Full story in comments! 👇

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closely to its high-profile leader

The Tesla board, Musk said, should grant him 25% voting control, an amount that would nearly double the vote share currently afforded to Musk through his stake in the company.

 

 

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The move would tie the company’s fate even more closely to its high-profile leader, ensuring Tesla will develoP-house at a time when the technology stands poised to shape the auto industry and a range of other sectors, proponents say.

Critics, however, caution of a risky precedent if the company’s board were to comply with the request, empowering Musk in any future dispute with shareholders little more than a year after he sold a large number of Tesla shares to help fund his acquisition of X, formerly known as Twitter.

 

“Musk is Tesla and Tesla is Musk and AI is a key to the future of Tesla,” Dan Ives, a managing director of equity research at the investment firm Wedbush, who is bullish on Tesla, said in a memo to investors on Tuesday.

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