Part 11/13:
This governance showdown occurs amidst a larger battle for control in the age of AGI and AI dominance. Firms like Tesla, Nvidia, and AI startups are transitioning from traditional corporations to entities akin to sovereign powers, wielding influence over economies and even national interests. The distribution of power is shifting from shareholders and regulators to tech entrepreneurs and AI controllers.
Institutions such as BlackRock and Vanguard are also adjusting their voting strategies, providing shareholders with more agency in corporate governance. Meanwhile, organizations like Charles Schwab, perceived as less aligned or possibly influenced by political considerations, face mounting criticism from the Tesla community.