Should Musk at least give guarantees he won’t let xAI compete with Tesla?


Regarding Musk's $56 billion pay package, should Tesla shareholders BEFORE approving FIRST demand from Musk to give written, legally-binding guarantees on how precisely he wants to develop AI at Tesla and explain how his other company xAI won't compete with Tesla?

I think it's problematic Musk diverted nVidia chips paid with Tesla money to his other company xAI and will allow xAI to use those chips till at least end of 2024. That will benifit xAI but not necessarily Tesla.

I honestly think retail investors in Tesla should vote NO on the pay package and first get more legal guarantees from Musk regarding Tesla's AI future. Stock dilution is another problem.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *