Electric Vehicles @lemmy.world sabreW4K3 @lazysoci.al 1 mo. ago

Elon Musk confirms his threat: give me 25% of Tesla or you don't get AI and robotics

electrek.co Elon Musk confirms his threat: give me 25% of Tesla or you don't get AI and robotics

Elon Musk appears to confirmed and even clarify what can be seen as a threat to Tesla shareholders: give me...

Are we sure this isn't illegal? It seems illegal

58 comments

Well, I don’t want AI and Robotics, so that was easy.
- Counteroffer: we launch him into the sun for free.
  
  Counter-counteroffer: we have him blast himself into the sun and he foots the bill.
  
  It just occurred to me: How many of our problems could be solved if we just started throwing them into the sun?
  
  It'd be cheaper to send him out if the solar system though
  
  Probably more expensive than you think...
  
  Send his ass on a one way trip to Mars. I'll gladly accept a one time tax hike for that.
It's so illegal I think it might even be sufficient to pierce the corporate veil and charge Musk directly with attempted blackmail. I mean, that's what he's trying to do - blackmail and extort Tesla shareholders.
- It only took one shareholder to sue and invalidate his last compensation package. I suspect that same shareholder or a few others are game to try it again, especially if this time it’s coming from a more direct threat to the company and those shares’ value.
As if he personally has AI and robotics in his pocket, and all the people working for him are vacuous without him.
- I may have some names and details wrong here, but Elon is not the brains of AI.
  
  He did start Open AI to find some people with the brains.
  
  Andrej Karpathy was the mastermind of Tesla's FSD. He left the company after it was clear his developments would get FSD solved with enough data and compute. He's no longer at Tesla, but it is primarity his work that everything is based on.
  
  Jim Keller was lead developer of the FSD inferrence chip I think. He also helps develop chips for Apple and Intel. He is not at Tesla.
  
  Emil Talpes is lead architect of Dojo chip
  
  Ganesh Venkataramanan is lead architect of Dojo supercomputer system
  
  What we can credit Elon with is telling folks to make a robo taxi back in 2015 and paying people to do it, but thats about it. Keep in mind he became the richest man in the world for doing this. He doesnt need more compensation at the expense of Tesla and its shareholders.
  
  If Elon died today Tesla would be just fine. I'd argue even better.. A lot of folks I talk to think Teslas are cool cars, but hate Elon's toxic personality and fear his attacks on free speech. They don't want to support such a maniacal weirdo.
- These bitches ain't shit with out their pimp daddy!
  
  Back up off the pipe Elmo!
- He doesn't owwn it, but he can supercharger them on the way out.
  
  Almost the same thing.
Ok. Deal. You don't get 25%, and you can cram your next grift up your Boring hole.
This really looks like another one of those times that Elon's big stupid mouth is going to get him in trouble just because he doesn't know when to shut the actual fuck up.
- When has that ever happened? The man has never faced a meaningful consequence in his entire life, that's why he's so awful.
  
  He was forced to buy Twitter. He never wanted it and his bluff got called.
- There's never any consequences though, he keeps failing up. Hopefully the shareholders call his bluff, but a lot of them buy into the Musk mythos.
Is this a thing in business? Do you actually ever threaten your shareholders like that? I am seriously curious here.
- It's shareholders vs shareholder. Leverage is derived by stake
  
  Absolutely not, but people must agree to sell, or the company has to issue more stock.
Wah wah I've blown loads of money buying a dying social media brand and driving it into the ground.

Give me more money now or I won't use my special money making powers to make this company more money.

Legal or not. Does anyone have any idea what these AI and robotics things, that only Elon holds and were developed by him completely separate to Tesla, are?
- It's Elon, he thinks he has the execution capacity to bring it to Tesla. He's been saying for years: in 2021 there will be robo taxis. It never happened and never will for Tesla. They need a sub $25k vehicle and always have and he fucked it up. If the cyber truck was half the size and not made of stainless it would have been around $25k probably. Get fucked Elon.
- I think the guy is a dumb bass like everyone else, but wasn't he forced into buying twitter? Correct me if my memory's faulty
  
  He was simply made to follow the law. Then he tried to spin it as that being akin to "being forced". Basically, he signed contracts he didn't understand and probably thought the other side would not follow through.
  
  If that's "being forced" then any transaction where you put in a written, signed order and then if you try to cancel the order, the seller says "no dice, you committed yourself", would mean "you are forced into it".
  
  No one forced him to make the offer.
Seems like evidence for an incoming shareholder lawsuit
Shouldn't have sold all those shares then. Is he too poor to buy them back?
You mean AI like Full Self Driving that you’ve been promising and failing to deliver for how many years now?
I don't think the world or anyone but Elon's sycophants are looking forward to the shoddy AI and shoddy (remote controlled by humans) robotics that he will be capable of.
...from him. No great loss
Wait don’t threaten me with a good time
When you’re rich and famous they let you do that
- No, they don't.
  
  Otherwise he could have weaseled his way out of buying Twitter.
Promise? Deal.
What a dick
Ok bye Felipe.

So what are you guys having for lunch?

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