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> Quite the threat. I wonder if Tesla's institutional shareholders see Tesla's foray into robotics as a money-losing distraction that drains precious company r
by foofie 3y ago
> Quite the threat.
I wonder if Tesla's institutional shareholders see Tesla's foray into robotics as a money-losing distraction that drains precious company resources to serve no other purpose than to have bragging rights.
If any major shareholder does, Musk's threats seem to be a way to invite him to pursue his pet projects with his own money.
- Zigurd 3y agoI think this is a game of hot potato being played. TSLA is overpriced. When that bubble bursts the finger of blame is going to go all over the place. Elon is positioning himself to say "See, you should have incentivized me do more ai and robotics." And if the board actually buys that line, he gets back all the money he lost in Twitter. It takes some audacity to say "I alone can maintain Tesla's absurd PE ratio."l Especially after doing what he did to Twitter's valuation.