ELON MUSK WANTS MORE CONTROL OF TESLA, SEEKS 25% VOTING POWER

Summary from the TLDR newsletter

Elon Musk said on Monday that he wants about 25% of voting control over Tesla. Musk already owns around 13% of the company. He says that he is uncomfortable growing Tesla to be a leader in AI and robotics without having the control. He wants to be influential, but not so much that he can't be overturned. The bid for more control will add to the pressure on Tesla's board of directors, who is already facing investor concerns over several issues, including Musk's split focus, the use of company resources, and federal probes.