I believe in honouring deals, even if it’s unsavoury ex post facto. Until recently, that meant approving the pay package.
But Musk unilaterally amended the deal when he “threatened on X…to develop AI elsewhere if he doesn’t get a 25% stake in Tesla” [1]. Then he developed AI elsewhere [2]. If you promise to give me a dollar, you dither, I say I’ll burn your house down if you don’t, and then I burn your house down, I don’t believe you owe me the dollar anymore.
Musk should offer to return xAI’s funding and merge it into Tesla in exchange for the vote.
I believe in honouring deals, even if it’s unsavoury ex post facto. Until recently, that meant approving the pay package.
But Musk unilaterally amended the deal when he “threatened on X…to develop AI elsewhere if he doesn’t get a 25% stake in Tesla” [1]. Then he developed AI elsewhere [2]. If you promise to give me a dollar, you dither, I say I’ll burn your house down if you don’t, and then I burn your house down, I don’t believe you owe me the dollar anymore.
Musk should offer to return xAI’s funding and merge it into Tesla in exchange for the vote.
[1] https://apnews.com/article/tesla-elon-musk-pay-package-share...
[2] https://x.ai/blog/series-b