2. Pay me to keep this tech under Tesla or else I'll stick it somewhere else.
Where this falls flat for me is that Musk is well known to over-promise and under-deliver (where are those fleets of self driving tesla's making passive income for thier owners through autonomous ride share??).
I think this is a ploy to regain a larger stake in Telsa after he sold off a bunch of his stock to buy Twitter. If he had some brilliant idea for AI tech then it wouldn't make a difference to him whether it was housed under Tesla or with another company he runs, as he would profit either way. But he probably knows the idea will probably not pan out and is trying to hedge that uncertainty by asking for shares of Tesla.
1. I'm working on exicting new AI tech
2. Pay me to keep this tech under Tesla or else I'll stick it somewhere else.
Where this falls flat for me is that Musk is well known to over-promise and under-deliver (where are those fleets of self driving tesla's making passive income for thier owners through autonomous ride share??).
I think this is a ploy to regain a larger stake in Telsa after he sold off a bunch of his stock to buy Twitter. If he had some brilliant idea for AI tech then it wouldn't make a difference to him whether it was housed under Tesla or with another company he runs, as he would profit either way. But he probably knows the idea will probably not pan out and is trying to hedge that uncertainty by asking for shares of Tesla.