Musk Seeks to Increase Tesla Shares to Promote AI Development
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Tesla CEO Elon Musk plans to increase his stake in the company to advance projects in artificial intelligence and machine learning. He stated that if he cannot secure a 25% voting right, he might consider developing AI products outside of Tesla. Tesla has invested over $1 billion in the AI sector, and Musk calls for viewing Tesla as a group of startups, emphasizing its leadership in real-world AI applications. The company faces stock price volatility and management issues, and Musk is working to address shareholder dissatisfaction while seeking greater control.
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