
Musk reveals he may lose control of Tesla
Musk recently stated publicly that his control over the company is precarious and that he “could be ousted.” The controversy arose from Musk’s publicly expressed concerns about his stake. Musk reportedly recently responded on social media platform X, stating that his current stake of about 12.8% is not enough to ensure his dominant position in the company. He fears he could be “ousted” by activist shareholders in the future, when the company produces “millions of robots.” A recent post mentioned that Musk’s equity stake was 21.2% and suggested that most of the shares had been used as collateral for a loan. Musk










