The approval of the all-stock compensation package, which was dismissed by a Delaware judge in January, would virtually ensure that he would stay at the company where he rose to become the global leader in electric vehicles. Musk believes that autonomous vehicles, which rely on artificial intelligence and robotics, will be the future of Tesla.
However, there would still be uncertainty even if reapproval occurs at Thursday’s annual shareholders’ meeting, which many analysts predict is inevitable. Musk has vowed to develop AI elsewhere on his social media platform, X, if he doesn’t acquire a 25% share in Tesla (he now controls roughly 13% of the company). $6 billion has just been invested in Musk’s xAI to advance artificial intelligence.
Source:
mysanantonio
