Elon Musk’s empire is known for its diversity, with ventures in space-faring, shaping the battlefield, and AI implant technology, among others. Despite his controversial actions and policies, it is worth noting that Tesla, the most valuable auto company globally, remains reliant on Musk.
Even critics concede the importance of Musk’s role at Tesla. Analyst Craig Irwin, known for his skepticism regarding Tesla’s value, acknowledges that Musk is pivotal to the company. Irwin emphasizes that Musk is the driving force behind Tesla’s innovation and growth, making bear markets like Tesla worth investing in.
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Elon’s Power Play
Elon Musk has implied that if Tesla does not give him more shares, he may put his artificial intelligence efforts into another company. But he said that before a judge struck down his last big pay package, adding to the uncertainty.
Though Musk’s demand for increased voting power has stirred controversy, Irwin suggests that Tesla should grant his wishes as he is central to the company’s future. Considering the potential for innovations like AI technology and space exploration, Irwin believes that Tesla needs Musk’s expertise and vision.
