Tesla CEO Elon Musk on Monday said he would want to have 25% voting control of the electric vehicle maker before expanding its artificial intelligence and robotics efforts and that without such a stake, he would "prefer to build products outside of Tesla."

Musk's comments have sparked a "firestorm," according to Wedbush Securities analyst Dan Ives, who pointed out that Musk's ownership stake in Tesla stands at about 13%. Boosting the billionaire's ownership to one-quarter of voting control would effectively force Tesla to give him a major payout, restructure its shares or pull another financial lever.

https://www.cbsnews.com/news/tesla-elon-musk-25-percent-control-ai-what-it-means/