"Musk's Power Play: The Ultimatum and Nightmare Task at Tesla"
Elon Musk has given Tesla's board an ultimatum, expressing discomfort with expanding the company's AI-and-robotics capabilities without controlling a quarter of the voting bloc. This move has sparked concern among investors and could potentially impact Tesla's future growth. Musk's new AI startup, xAI, is seen as an attempt to gain a foothold in the generative-AI space, and his ultimatum may stem from his concerns about the existential risks of advanced AI. With most of his fortune tied to Tesla, Musk's stake in the company could increase to 20.6% if a court approves his 2018 compensation plan. The resolution of this issue is expected within the next 3-6 months.