Elon Musk prioritizes long-term shareholders of his companies, emphasizing loyalty and the importance of their support
Questions to inspire discussion
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What is Elon Musk's priority for shareholders?
—Elon Musk prioritizes long-term shareholders of his companies, including Tesla, and plans to take care of shareholders as he builds new companies.
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Will there be a Model Y refresh this year?
—Elon Musk clarified that there will be no Model Y refresh this year, but there will be intermediate vehicles released before the new platform is launched.
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What is the focus of Tesla executives?
—Tesla executives are focused on transforming vehicle propulsion platforms, making cars drive themselves, eradicating car accidents, and need support from shareholders and institutions to continue their work.
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What is the average cost of electric vehicles in the US?
—Electric vehicles now cost less than the average new car in the US, with Tesla, Hyundai, and Kia offering EVs with over 300 miles of range for less than the average price.
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What is the impact of Elon Musk's pay package?
—Elon Musk's pay package aligns with Tesla's success, with ambitious milestones achieved through his deep personal involvement in all levels of the company, including the supply chain.
Key Insights
- 📈 Elon Musk confirmed that if any of his companies go public, he'll prioritize the long-term shareholders of his other companies like Tesla.
- 📈 Elon Musk prioritizes long-term shareholders of his companies, emphasizing loyalty and the importance of their support.
- 🛰️ Starlink is experiencing phenomenal growth, following the pattern of rapid scaling seen in SpaceX and Tesla.
- 🚗 Elon Musk's motivation to stay at Tesla is driven by the goal of eradicating car accidents and leaving a lasting mark on society.
- 🤖 Tesla is actively testing early versions of what could well be the first full-fledged humanoid robots equipped with articulated hands autonomously conducting real tasks in a real factory.
- 📈 It will be the greatest scale play and volume play in history, and the greatest for any of Tesla's companies.
- 📈 Elon Musk's deep personal involvement in Tesla's success has benefited all shareholders and involved sacrifices and ambitious milestones.
- 🚀 Tesla has the potential to be a multi-trillion dollar Enterprise, leading to tremendous prosperity for long-term shareholders.
#Tesla
XMentions: @herbertong @theJeffLutz
Clips
- 🚀 Elon Musk prioritizes long-term shareholders, with updates on Tesla's Model Y, electric vehicle costs, full self-driving, potential IPOs for Starlink, and his potential departure depending on Tesla's products and compensation.
- 🚗 Tesla executives are focused on transforming vehicle propulsion platforms, making cars drive themselves, eradicating car accidents, and need support from shareholders and institutions to continue their work, with the CEO's performance being judged over multiple years and missing earnings estimates not swaying shareholders.
- 🚗 Elon Musk responds to Norway sovereign fund potential vote against shareholder meeting, stating 90% of retail shareholders support resolutions, but acknowledges not all shareholders may be able to vote, high turnout and overwhelming support from retail shareholders is a good sign for Tesla, but a higher turnout is needed to ensure larger no votes are not upset, important to show people how to vote, especially with 10 million estimated retail shareholders.
- 🚗 Tesla executives facing challenges with upcoming vote, Elon Musk seeks retail support; three executives praise Musk's role in company's success; remaining executives show dedication to working for Musk; cost management, autonomy, and simplification crucial for electric car companies' survival.
- 🚗 Tesla executives prioritize innovation and transformation in transportation, with Milan Kovak praising Elon Musk for the rapid success of the humanoid robotics program.
- 🚀 Tesla executives discuss the development of an autonomous bot, Elon Musk's leadership and involvement in strategic decisions, and the upcoming release of the Tesla bot.
- 🚨 Tesla executives are discussing the impact of a key figure on the supply chain and the importance of their experience and knowledge, with Elon Musk as the ultimate authority in supply chain decisions.
- 🚗 Tesla executives discuss no Model Y refresh, challenges of production, cost of EVs dropping, potential for a vehicle below $30,000, and tease new models and features.
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Duration: 0:33:28
Publication Date: 2024-06-10T20:18:30Z
WatchUrl:https://www.youtube.com/watch?v=VddltwZqQog
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