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Elon Musk is ‘blackmailing’ Tesla investors by threatening to build new projects outside of the EV company, long-time Tesla bull says

Elon Musk is ‘blackmailing’ Tesla investors by threatening to build new projects outside of the EV company, long-time Tesla bull says

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Elon Musk’s comments about increasing his stake in his own electric vehicle company are bizarre and amount to “blackmail” of Tesla’s investors, according to long-time Tesla bull Ross Gerber.

In an interview with CNBC on Tuesday, Gerber pointed to Musk’s post on X, in which the Tesla CEO said he was “uncomfortable” developing projects in robotics and artificial intelligence at Tesla unless his ownership stake was raised to at least 25%. 

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