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Benzinga
Benzinga
Business
Bibhu Pattnaik

Elon Musk Warns of Losing Tesla Control, Denies Personal Loans Tied To Shares

Elon,Musk,Listens,As,U.s.,President-elect,Donald,Trump,Addresses,A

Elon Musk, the CEO of Tesla Inc. (NASDAQ:TSLA), has expressed concerns over potentially losing control of the electric vehicle giant due to the influence of activist shareholders.

What Happened: Musk, who currently owns a 12.8% stake in Tesla, is apprehensive about being dethroned by shareholders who may not align with his vision for the company’s future.

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