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Elon Musk Seeks More Sway Over Tesla Ahead of AI Advancements

Updated Jan. 16, 2024 5:13 pm ETTesla Chief Executive Elon Musk has gone public with a demand for another big pay package, saying he wants more shares and greater control over the electric-car company as it expands further into robotics and artificial intelligence. On Monday, Musk gave board members what amounts to an ultimatum, saying he feels uncomfortable making Tesla a leader in those two areas without controlling roughly 25% of the company. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.