Elon Musk gives Tesla ultimatum: Another 12% of shares or no AI, robotics (media.kbin.run)

submitted 8 months ago by arstechnica@mastodon.social to c/random@kbin.run

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Elon Musk gives Tesla ultimatum: Another 12% of shares or no AI, robotics

Although 95% of its revenue is automotive, Musk says Tesla is a robotics/AI company.

https://arstechnica.com/cars/2024/01/elon-musk-gives-tesla-ultimatum-another-12-of-shares-or-no-ai-robotics/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social

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[-] MrLee@aus.social 1 points 8 months ago

@arstechnica@mastodon.social
Elon is correct on this. Simply selling cars is not a route to success. Basically, any company can copy what they are doing, and it's super hard to have success in this space. AI and robotics offer the promise of far greater profits.
Having said that, there is no reason to keep Elon Musk to achieve this goal. In fact JB Straubel would make a better CEO and leader for this.

this post was submitted on 16 Jan 2024

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