Not transfer of wealth, creation of wealth. The pie will get much larger. The opposite of a zero-sum game.

RoboTaxi launching in California?!

A lot of families and companies will move out of California because of this law. Who would want to risk the state taking away their kids?

I’ve been working on my figure

Teslas now drive themselves from their birthplace at the factory to their designated loading dock lanes without human intervention One step closer to large-scale unsupervised FSD

I feel some $TSLA investors don’t fully understand the significance of Tesla's upcoming shareholder vote on reinstating Elon Musk's 2018 CEO compensation package. It’s a very important vote. This is a long post, but it needs to be. First, some background: Elon Musk's 2018 compensation package, initially approved by 73% of Tesla shareholders, was structured to align his incentives closely with the company's performance. It couldn’t be gamed. Elon was required to meet extremely challenging market cap and operational milestones. If he did hit those tough targets, he couldn't sell the shares from the package for 5 years once exercised, ensuring his interests remained tied to the company's long-term success. Tesla shareholders were well-aligned with Elon’s incentives. Despite nearly everyone saying those milestones would be impossible to achieve, Elon achieved them, and today Tesla's stock is still up 550%, and revenue 9x since the package was announced. Elon was sleeping on factory floors in 2018 to ensure Tesla didn’t fail. However, in January 2024, a Delaware judge invalidated Elon’s compensation package following a challenge by investor plaintiffs. This judgment sets a horrible precedent for various reason. One of them being that judge invalidated the 2018 vote of all those Tesla shareholders who voted for this. Soon after the ruling became public, Elon said that he is uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control. He added that unless that is the case, he would prefer to build products outside of Tesla. Currently, Elon owns about 13% of Tesla outright, but reinstating his 2018 compensation package would bring him closer to ~20% ownership (maybe a little lower). Now that you all have some context, here is why the June 2024 Tesla shareholder vote is important. Failure to pass Elon’s 2018 compensation package again could weaken Tesla's position in appealing the judge's ruling. This would also make it more challenging to create a similarly structured new compensation plan to compensate for the lost package. Eric Talley, a professor at Columbia Law School, said that if the upcoming vote passes, it could make it easier for Elon/Tesla to win on appeal in the Delaware Supreme Court. The plaintiff's lawyers in the 2018 compensation case will walk away with around $5B dollars (in Tesla stock) if Elon/Tesla lose their appeal. Do you think they deserve that money over Elon? In my opinion, Tesla shareholders are shooting themselves in the foot if they don’t vote for this because If the vote doesn’t pass, it significantly increases the risk that Elon might step down as Tesla CEO and or create technologies elsewhere. This could very likely negatively impact $TSLA stock. Make no mistake, Elon is extremely valuable to Tesla and its shareholders, despite all the drama. I know a lot of people have concerns about Tesla's stock performance or Elon’s behavior in the last couple of years, and that’s valid, but it's essential to recognize that Elon’s leadership has been instrumental in Tesla's success and innovation, and will continue to be. Projects like FSD, Optimus, Cybertruck, etc., would not have existed without him. How did Apple do after Steve Jobs left in 1985? This shareholder vote isn't about enriching Elon. This is not a cash compensation package; it’s a stock option package. It's about acknowledging his contributions and ensuring his continued dedication to Tesla's future success. Failure to reinstate the package could have far-reaching consequences. Elon doesn’t want more Tesla stock to be able to buy houses, yachts, etc. He doesn’t buy that stuff. He wants this stock to increase his overall Tesla ownership to ensure that outsiders can’t negatively influence the company and dictate its future. After all, they weren’t the ones sleeping on the factory floor to ensure Tesla became successful. What do they know about AI, Self-driving, etc., compared to Elon? Given the gravity of the situation, it's crucial for all shareholders to participate in the vote, especially retail shareholders. Traditionally, retail shareholder participation in annual shareholder meeting votes hasn’t been as high as institutional investor participation. If there was one time to increase retail participation, it’d be now. Voting is simple and can be done through your brokerage, starting the week of April 29th. It only takes a minute or so. Contact your broker to make sure you get the voting documents. Could I be wrong in suggesting that if this upcoming vote to reinstate Elon’s 2018 compensation package doesn’t pass, Elon might leave Tesla or create technologies/products elsewhere? Sure. But do you want to take that chance? This isn’t a Steve Jobs/Tim Cook 2011 situation. It’s likely that this vote does pass, but I don’t think investors should get complacent and assume that. In my opinion, voting yes on reinstating Elon 2018 compensation package gives Tesla and its shareholders that best chance at seeing shareholder value increase in the future. In summary, supporting the reinstatement of Elon Musk's 2018 compensation package isn't just about past achievements; it's about securing Tesla's future and maximizing shareholder value. If you want to learn more, Tesla this week launched a new website in connection with its 2024 annual shareholder meeting. It in part goes over how much value @elonmusk has created at Tesla, and goes into depth about the proxy proposals. You can view that here: supportteslavalue.com

No human drivers were harmed in the making of this video! The Tesla did the drive entirely by itself with 0 human input. No accelerator presses, no speed limit changes, nothing. @elonmusk $TSLA

Semi Factory making good progress Has a stamping shop now! Also, we started installing tools in Powder Coat & Material Conveyance shops

$TSLA Project Q

You’re not a real $TSLA Bull until you own a Semi!

🤣 it’s kind of funny actually. We never got any joint accounts. All of her money IS her money. Before I knew I could propose to her we had to move in together and see how responsible she was with 💰 . I started a spreadsheet for our expenses. We split everything 50/50 and would write checks to each other at the end of the month. Highly recommend! There was no way I could ever be with a financially irresponsible person. I’ve been working since I was 14 years old. i was buying treasury bills with free money i would borrow from my credit cards via 0% interest/0% fee since i was like 19 years old. At end of 12 or 18 months i would return the money and pocket the interest. Never messed it up and taught my self financial responsibility and discipline I utilize to this day. That great credit score allowed me to get access to a loan to build my first business. Also, highly recommend financial literacy! Then one day after marriage and maybe when she became a stay at home Mom I took over all the bills. She trusted me with money and I trusted her. She still has trouble splurging on higher priced things we need. We live like college kids. 🤣 We have never bought real furniture (ikea doesnt count). We have been poor together for the first 16 years of our 17 year relationship. Every last unused cent was reinvested into the next business or into retirement accounts. We were never wasteful with money. Highly recommend. We never allowed money get in the middle of our love. We have never even yelled at each other. She let’s me make the high risk moves that ultimately allowed me to solve the money problem. And we lived happily ever after. PS-a brief thought turned into an essay. 🤷 🫶🏻

😲 Wells Fargo called to verify info within 5 minutes of me hitting submit in the app. Within 30 minutes of that, a conditional approval was issued with a request to upload a utility bill for address verification where vehicle will be kept. All from the comfort of my bed. $TSLA

Both Tesla shareholder resolutions are currently passing by wide margins! ♥️♥️ Thanks for your support!! ♥️♥️

February 19, 2024 FSD Beta 12 released to customers