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TSLA Tesla Inc CDR

32.14
1.15 (3.71%)
22 Nov 2024 - Closed
Realtime Data
Name Symbol Market Type
Tesla Inc CDR NEO:TSLA NEO Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  1.15 3.71% 32.14 32.00 32.30 32.50 30.81 31.05 1,250,927 22:30:01

Elon Musk Seeks Greater Control Over Tesla Ahead of AI Advancements

16/01/2024 11:47am

Dow Jones News


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By Mauro Orru

 

Elon Musk said in a post to X that he feels uncomfortable making Tesla a champion of artificial intelligence if he doesn't control about 25% of the electric-car maker.

Musk said late Monday that he wants enough control at the EV car maker to be influential, but not so much that he couldn't be overruled. He currently controls about 13% of Tesla, according to FactSet.

"Unless that is the case, I would prefer to build [AI] products outside of Tesla," Musk wrote on X, formerly known as Twitter.

Tesla shares have traded down more than 2% pre-market. The company didn't immediately respond to a request for comment.

The chief executive of Tesla and owner of X has warned for years that poorly built artificial intelligence could have catastrophic effects on humanity.

 

Write to Mauro Orru at mauro.orru@wsj.com

 

(END) Dow Jones Newswires

January 16, 2024 06:32 ET (11:32 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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