WEBVTT	#Elemental Media Engine(TM) 2.18.0.0

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being

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being a

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being a $1

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being a $1 trillion

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being a $1 trillion company,

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being a $1 trillion company, he

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being a $1 trillion company, he
has

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being a $1 trillion company, he
has not

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being a $1 trillion company, he
has not improved

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being a $1 trillion company, he
has not improved his

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being a $1 trillion company, he
has not improved his lot

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being a $1 trillion company, he
has not improved his lot in

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has not improved his lot in

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has not improved his lot in
life.

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has not improved his lot in
life. I

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has not improved his lot in
life. I spoke

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has not improved his lot in
life. I spoke to

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has not improved his lot in
life. I spoke to Tesla's

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has not improved his lot in
life. I spoke to Tesla's chair,

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life. I spoke to Tesla's chair,

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life. I spoke to Tesla's chair,
Robyn

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life. I spoke to Tesla's chair,
Robyn Denholm,

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life. I spoke to Tesla's chair,
Robyn Denholm, who's

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life. I spoke to Tesla's chair,
Robyn Denholm, who's been

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Robyn Denholm, who's been

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Robyn Denholm, who's been
working

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Robyn Denholm, who's been
working on

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Robyn Denholm, who's been
working on this,

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Robyn Denholm, who's been
working on this, and

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Robyn Denholm, who's been
working on this, and this

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Robyn Denholm, who's been
working on this, and this has

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working on this, and this has

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working on this, and this has
been

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working on this, and this has
been going

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working on this, and this has
been going on

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working on this, and this has
been going on for

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working on this, and this has
been going on for months

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working on this, and this has
been going on for months and

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been going on for months and

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been going on for months and
months

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been going on for months and
months and

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been going on for months and
months and months,

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been going on for months and
months and months, and

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been going on for months and
months and months, and the

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months and months, and the

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months and months, and the
goals

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months and months, and the
goals are

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months and months, and the
goals are ambitious.

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months and months, and the
goals are ambitious. And

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months and months, and the
goals are ambitious. And let

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months and months, and the
goals are ambitious. And let me

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goals are ambitious. And let me

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goals are ambitious. And let me
show

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goals are ambitious. And let me
show you

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goals are ambitious. And let me
show you what

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goals are ambitious. And let me
show you what she

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goals are ambitious. And let me
show you what she had

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goals are ambitious. And let me
show you what she had to

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goals are ambitious. And let me
show you what she had to say

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show you what she had to say

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show you what she had to say
about

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show you what she had to say
about them.

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about them.

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about them.
>>

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about them.
>> It's

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about them.
>> It's very

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about them.
>> It's very important

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about them.
>> It's very important to

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about them.
>> It's very important to us

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>> It's very important to us

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>> It's very important to us
that

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>> It's very important to us
that we

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>> It's very important to us
that we we

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>> It's very important to us
that we we are

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>> It's very important to us
that we we are true

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>> It's very important to us
that we we are true to

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>> It's very important to us
that we we are true to our

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that we we are true to our

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that we we are true to our
values,

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that we we are true to our
values, which

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that we we are true to our
values, which is

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that we we are true to our
values, which is really

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that we we are true to our
values, which is really being

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values, which is really being

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values, which is really being
super

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values, which is really being
super ambitious.

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values, which is really being
super ambitious. And

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values, which is really being
super ambitious. And this

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values, which is really being
super ambitious. And this plan

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super ambitious. And this plan

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super ambitious. And this plan
actually.

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super ambitious. And this plan
actually. Is

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super ambitious. And this plan
actually. Is emblematic

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super ambitious. And this plan
actually. Is emblematic of

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super ambitious. And this plan
actually. Is emblematic of that.

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actually. Is emblematic of that.

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actually. Is emblematic of that.
We've

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actually. Is emblematic of that.
We've got

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actually. Is emblematic of that.
We've got 12

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actually. Is emblematic of that.
We've got 12 tranches

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actually. Is emblematic of that.
We've got 12 tranches in

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actually. Is emblematic of that.
We've got 12 tranches in the

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We've got 12 tranches in the

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We've got 12 tranches in the
plan.

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We've got 12 tranches in the
plan. The

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We've got 12 tranches in the
plan. The first

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We've got 12 tranches in the
plan. The first one,

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We've got 12 tranches in the
plan. The first one, in

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We've got 12 tranches in the
plan. The first one, in terms

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plan. The first one, in terms

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plan. The first one, in terms
of

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plan. The first one, in terms
of market

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plan. The first one, in terms
of market cap,

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plan. The first one, in terms
of market cap, is

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plan. The first one, in terms
of market cap, is actually

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of market cap, is actually

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of market cap, is actually
doubling

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of market cap, is actually
doubling the

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of market cap, is actually
doubling the size

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of market cap, is actually
doubling the size of

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of market cap, is actually
doubling the size of the

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doubling the size of the

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doubling the size of the
company

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doubling the size of the
company today.

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doubling the size of the
company today. And

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doubling the size of the
company today. And and

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doubling the size of the
company today. And and we

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doubling the size of the
company today. And and we have,

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company today. And and we have,

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company today. And and we have,
you

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company today. And and we have,
you know,

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company today. And and we have,
you know, the

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company today. And and we have,
you know, the first

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company today. And and we have,
you know, the first in

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company today. And and we have,
you know, the first in terms

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company today. And and we have,
you know, the first in terms of

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you know, the first in terms of

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you know, the first in terms of
the

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you know, the first in terms of
the vehicle

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you know, the first in terms of
the vehicle side,

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you know, the first in terms of
the vehicle side, is

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you know, the first in terms of
the vehicle side, is actually

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the vehicle side, is actually

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the vehicle side, is actually
getting

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the vehicle side, is actually
getting to

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the vehicle side, is actually
getting to 20

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the vehicle side, is actually
getting to 20 million

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the vehicle side, is actually
getting to 20 million vehicles

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getting to 20 million vehicles

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getting to 20 million vehicles
that

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getting to 20 million vehicles
that are

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getting to 20 million vehicles
that are produced

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getting to 20 million vehicles
that are produced and

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getting to 20 million vehicles
that are produced and delivered.

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that are produced and delivered.

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that are produced and delivered.
And

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that are produced and delivered.
And we're

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that are produced and delivered.
And we're only

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that are produced and delivered.
And we're only at

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that are produced and delivered.
And we're only at just

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that are produced and delivered.
And we're only at just over

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And we're only at just over

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And we're only at just over
eight.

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And we're only at just over
eight. So

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And we're only at just over
eight. So to

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And we're only at just over
eight. So to me,

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And we're only at just over
eight. So to me, the

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And we're only at just over
eight. So to me, the plan

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And we're only at just over
eight. So to me, the plan is

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eight. So to me, the plan is

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eight. So to me, the plan is
super

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eight. So to me, the plan is
super ambitious

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eight. So to me, the plan is
super ambitious and

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eight. So to me, the plan is
super ambitious and that

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eight. So to me, the plan is
super ambitious and that that

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super ambitious and that that

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super ambitious and that that
is

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super ambitious and that that
is what

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super ambitious and that that
is what motivates

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super ambitious and that that
is what motivates Elon.

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super ambitious and that that
is what motivates Elon. So

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super ambitious and that that
is what motivates Elon. So in

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is what motivates Elon. So in

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is what motivates Elon. So in
in

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is what motivates Elon. So in
in coming

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is what motivates Elon. So in
in coming up

00:01:03.096 --> 00:01:03.129
is what motivates Elon. So in
in coming up with

00:01:03.129 --> 00:01:03.963
is what motivates Elon. So in
in coming up with a

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is what motivates Elon. So in
in coming up with a plan

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is what motivates Elon. So in
in coming up with a plan that

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in coming up with a plan that

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in coming up with a plan that
will

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in coming up with a plan that
will incent,

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in coming up with a plan that
will incent, motivate,

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in coming up with a plan that
will incent, motivate, have,

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will incent, motivate, have,

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will incent, motivate, have,
have

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will incent, motivate, have,
have his

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will incent, motivate, have,
have his time,

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will incent, motivate, have,
have his time, focus

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will incent, motivate, have,
have his time, focus and

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have his time, focus and

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have his time, focus and
attention

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have his time, focus and
attention on

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have his time, focus and
attention on Tesla,

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have his time, focus and
attention on Tesla, we

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have his time, focus and
attention on Tesla, we needed

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attention on Tesla, we needed

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attention on Tesla, we needed
to

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attention on Tesla, we needed
to come

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attention on Tesla, we needed
to come up

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attention on Tesla, we needed
to come up with

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attention on Tesla, we needed
to come up with a

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attention on Tesla, we needed
to come up with a plan

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attention on Tesla, we needed
to come up with a plan that

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attention on Tesla, we needed
to come up with a plan that was

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to come up with a plan that was

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to come up with a plan that was
super

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to come up with a plan that was
super ambitious.

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super ambitious.

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super ambitious.
>>

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super ambitious.
>> How

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super ambitious.
>> How much

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super ambitious.
>> How much how

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super ambitious.
>> How much how realistic

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super ambitious.
>> How much how realistic is

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>> How much how realistic is

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>> How much how realistic is
the

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>> How much how realistic is
the plan

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>> How much how realistic is
the plan in

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>> How much how realistic is
the plan in your

00:01:17.677 --> 00:01:17.811
>> How much how realistic is
the plan in your mind

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>> How much how realistic is
the plan in your mind versus.

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the plan in your mind versus.

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the plan in your mind versus.
And

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the plan in your mind versus.
And you

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the plan in your mind versus.
And you use

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the plan in your mind versus.
And you use the

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the plan in your mind versus.
And you use the word

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the plan in your mind versus.
And you use the word in

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the plan in your mind versus.
And you use the word in the

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And you use the word in the

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And you use the word in the
letter

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And you use the word in the
letter aspirational.

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letter aspirational.

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letter aspirational.
Aspirational

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letter aspirational.
Aspirational goals?

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Aspirational goals?

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Aspirational goals?
>>

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Aspirational goals?
>> Yes.

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Aspirational goals?
>> Yes. Very

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Aspirational goals?
>> Yes. Very aspirational.

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Aspirational goals?
>> Yes. Very aspirational. And

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>> Yes. Very aspirational. And

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>> Yes. Very aspirational. And
so

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>> Yes. Very aspirational. And
so yes.

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>> Yes. Very aspirational. And
so yes. Is

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>> Yes. Very aspirational. And
so yes. Is it

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>> Yes. Very aspirational. And
so yes. Is it realistic?

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>> Yes. Very aspirational. And
so yes. Is it realistic? I

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>> Yes. Very aspirational. And
so yes. Is it realistic? I mean,

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so yes. Is it realistic? I mean,

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so yes. Is it realistic? I mean,
you

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so yes. Is it realistic? I mean,
you yourself

00:01:29.255 --> 00:01:29.322
so yes. Is it realistic? I mean,
you yourself and

00:01:29.322 --> 00:01:30.657
so yes. Is it realistic? I mean,
you yourself and many

00:01:30.657 --> 00:01:30.690
so yes. Is it realistic? I mean,
you yourself and many others,

00:01:30.690 --> 00:01:30.824
you yourself and many others,

00:01:30.824 --> 00:01:30.857
you yourself and many others,
when

00:01:30.857 --> 00:01:30.924
you yourself and many others,
when we

00:01:30.924 --> 00:01:31.024
you yourself and many others,
when we put

00:01:31.024 --> 00:01:31.091
you yourself and many others,
when we put out

00:01:31.091 --> 00:01:31.157
you yourself and many others,
when we put out the

00:01:31.157 --> 00:01:32.092
you yourself and many others,
when we put out the 2018

00:01:32.092 --> 00:01:32.125
you yourself and many others,
when we put out the 2018 plan,

00:01:32.125 --> 00:01:32.292
when we put out the 2018 plan,

00:01:32.292 --> 00:01:32.392
when we put out the 2018 plan,
thought

00:01:32.392 --> 00:01:33.593
when we put out the 2018 plan,
thought that

00:01:33.593 --> 00:01:33.693
when we put out the 2018 plan,
thought that they

00:01:33.693 --> 00:01:33.726
when we put out the 2018 plan,
thought that they were

00:01:33.726 --> 00:01:33.960
thought that they were

00:01:33.960 --> 00:01:34.260
thought that they were
ridiculous

00:01:34.260 --> 00:01:34.327
thought that they were
ridiculous numbers.

00:01:34.327 --> 00:01:34.394
thought that they were
ridiculous numbers. And

00:01:34.394 --> 00:01:35.261
thought that they were
ridiculous numbers. And so

00:01:35.261 --> 00:01:35.295
thought that they were
ridiculous numbers. And so from

00:01:35.295 --> 00:01:36.096
ridiculous numbers. And so from

00:01:36.096 --> 00:01:36.296
ridiculous numbers. And so from
our

00:01:36.296 --> 00:01:36.362
ridiculous numbers. And so from
our perspective,

00:01:36.362 --> 00:01:37.730
ridiculous numbers. And so from
our perspective, it

00:01:37.730 --> 00:01:39.666
ridiculous numbers. And so from
our perspective, it is

00:01:39.666 --> 00:01:39.699
ridiculous numbers. And so from
our perspective, it is about.

00:01:39.699 --> 00:01:39.999
our perspective, it is about.

00:01:39.999 --> 00:01:41.134
our perspective, it is about.
Shooting

00:01:41.134 --> 00:01:41.201
our perspective, it is about.
Shooting for

00:01:41.201 --> 00:01:41.301
our perspective, it is about.
Shooting for the

00:01:41.301 --> 00:01:41.334
our perspective, it is about.
Shooting for the moon,

00:01:41.334 --> 00:01:42.135
our perspective, it is about.
Shooting for the moon, if

00:01:42.135 --> 00:01:42.168
our perspective, it is about.
Shooting for the moon, if you

00:01:42.168 --> 00:01:42.302
Shooting for the moon, if you

00:01:42.302 --> 00:01:42.368
Shooting for the moon, if you
like.

00:01:42.368 --> 00:01:42.435
Shooting for the moon, if you
like. And

00:01:42.435 --> 00:01:43.303
Shooting for the moon, if you
like. And and

00:01:43.303 --> 00:01:43.403
Shooting for the moon, if you
like. And and really

00:01:43.403 --> 00:01:43.470
Shooting for the moon, if you
like. And and really coming

00:01:43.470 --> 00:01:43.503
Shooting for the moon, if you
like. And and really coming up

00:01:43.503 --> 00:01:44.737
like. And and really coming up

00:01:44.737 --> 00:01:44.804
like. And and really coming up
with

00:01:44.804 --> 00:01:44.871
like. And and really coming up
with the

00:01:44.871 --> 00:01:45.038
like. And and really coming up
with the the

00:01:45.038 --> 00:01:46.506
like. And and really coming up
with the the ambition

00:01:46.506 --> 00:01:46.573
like. And and really coming up
with the the ambition to

00:01:46.573 --> 00:01:46.606
like. And and really coming up
with the the ambition to the

00:01:46.606 --> 00:01:46.773
with the the ambition to the

00:01:46.773 --> 00:01:47.207
with the the ambition to the
vision

00:01:47.207 --> 00:01:47.307
with the the ambition to the
vision that

00:01:47.307 --> 00:01:47.373
with the the ambition to the
vision that we've

00:01:47.373 --> 00:01:48.241
with the the ambition to the
vision that we've put

00:01:48.241 --> 00:01:48.308
with the the ambition to the
vision that we've put out

00:01:48.308 --> 00:01:48.341
with the the ambition to the
vision that we've put out in

00:01:48.341 --> 00:01:48.475
vision that we've put out in

00:01:48.475 --> 00:01:48.541
vision that we've put out in
terms

00:01:48.541 --> 00:01:49.342
vision that we've put out in
terms of

00:01:49.342 --> 00:01:49.442
vision that we've put out in
terms of the

00:01:49.442 --> 00:01:49.542
vision that we've put out in
terms of the master

00:01:49.542 --> 00:01:50.110
vision that we've put out in
terms of the master plan

00:01:50.110 --> 00:01:50.143
vision that we've put out in
terms of the master plan for

00:01:50.143 --> 00:01:51.211
terms of the master plan for

00:01:51.211 --> 00:01:51.344
terms of the master plan for
and

00:01:51.344 --> 00:01:51.511
terms of the master plan for
and actually

00:01:51.511 --> 00:01:52.278
terms of the master plan for
and actually shooting

00:01:52.278 --> 00:01:52.378
terms of the master plan for
and actually shooting for

00:01:52.378 --> 00:01:52.412
terms of the master plan for
and actually shooting for that

00:01:52.412 --> 00:01:53.079
and actually shooting for that

00:01:53.079 --> 00:01:53.179
and actually shooting for that
and

00:01:53.179 --> 00:01:53.246
and actually shooting for that
and having

00:01:53.246 --> 00:01:54.481
and actually shooting for that
and having the

00:01:54.481 --> 00:01:54.614
and actually shooting for that
and having the whole

00:01:54.614 --> 00:01:54.647
and actually shooting for that
and having the whole company

00:01:54.647 --> 00:01:54.814
and having the whole company

00:01:54.814 --> 00:01:55.115
and having the whole company
focused

00:01:55.115 --> 00:01:56.249
and having the whole company
focused on

00:01:56.249 --> 00:01:56.382
and having the whole company
focused on delivering

00:01:56.382 --> 00:01:56.416
and having the whole company
focused on delivering against

00:01:56.416 --> 00:01:57.951
focused on delivering against

00:01:57.951 --> 00:01:58.051
focused on delivering against
that

00:01:58.051 --> 00:01:58.084
focused on delivering against
that plan.

00:01:58.084 --> 00:01:58.184
that plan.

00:01:58.184 --> 00:01:58.251
that plan.
>>

00:01:58.251 --> 00:01:59.119
that plan.
>> And

00:01:59.119 --> 00:01:59.185
that plan.
>> And so

00:01:59.185 --> 00:01:59.252
that plan.
>> And so just

00:01:59.252 --> 00:02:00.220
that plan.
>> And so just so

00:02:00.220 --> 00:02:00.420
that plan.
>> And so just so I

00:02:00.420 --> 00:02:00.453
that plan.
>> And so just so I understand

00:02:00.453 --> 00:02:00.553
>> And so just so I understand

00:02:00.553 --> 00:02:00.687
>> And so just so I understand
the

00:02:00.687 --> 00:02:01.254
>> And so just so I understand
the details

00:02:01.254 --> 00:02:01.321
>> And so just so I understand
the details of

00:02:01.321 --> 00:02:01.421
>> And so just so I understand
the details of this

00:02:01.421 --> 00:02:02.021
>> And so just so I understand
the details of this plan,

00:02:02.021 --> 00:02:02.055
>> And so just so I understand
the details of this plan, there

00:02:02.055 --> 00:02:02.155
the details of this plan, there

00:02:02.155 --> 00:02:02.255
the details of this plan, there
are

00:02:02.255 --> 00:02:03.089
the details of this plan, there
are these

00:02:03.089 --> 00:02:03.289
the details of this plan, there
are these different

00:02:03.289 --> 00:02:03.323
the details of this plan, there
are these different milestones

00:02:03.323 --> 00:02:04.190
are these different milestones

00:02:04.190 --> 00:02:04.290
are these different milestones
in

00:02:04.290 --> 00:02:05.625
are these different milestones
in terms

00:02:05.625 --> 00:02:05.692
are these different milestones
in terms of

00:02:05.692 --> 00:02:05.792
are these different milestones
in terms of the

00:02:05.792 --> 00:02:05.859
are these different milestones
in terms of the market

00:02:05.859 --> 00:02:06.659
are these different milestones
in terms of the market cap

00:02:06.659 --> 00:02:06.693
are these different milestones
in terms of the market cap of

00:02:06.693 --> 00:02:06.793
in terms of the market cap of

00:02:06.793 --> 00:02:06.960
in terms of the market cap of
the

00:02:06.960 --> 00:02:06.993
in terms of the market cap of
the company.

00:02:06.993 --> 00:02:07.093
in terms of the market cap of
the company. So

00:02:07.093 --> 00:02:07.260
in terms of the market cap of
the company. So for

00:02:07.260 --> 00:02:07.293
in terms of the market cap of
the company. So for example,

00:02:07.293 --> 00:02:07.393
the company. So for example,

00:02:07.393 --> 00:02:08.495
the company. So for example,
you

00:02:08.495 --> 00:02:08.561
the company. So for example,
you effectively

00:02:08.561 --> 00:02:08.628
the company. So for example,
you effectively have

00:02:08.628 --> 00:02:09.129
the company. So for example,
you effectively have to

00:02:09.129 --> 00:02:09.162
the company. So for example,
you effectively have to double

00:02:09.162 --> 00:02:09.329
you effectively have to double

00:02:09.329 --> 00:02:10.663
you effectively have to double
triple

00:02:10.663 --> 00:02:10.730
you effectively have to double
triple you

00:02:10.730 --> 00:02:10.763
you effectively have to double
triple you got

00:02:10.763 --> 00:02:10.830
you effectively have to double
triple you got to

00:02:10.830 --> 00:02:11.064
you effectively have to double
triple you got to get

00:02:11.064 --> 00:02:11.131
you effectively have to double
triple you got to get to

00:02:11.131 --> 00:02:11.164
you effectively have to double
triple you got to get to $2

00:02:11.164 --> 00:02:11.364
triple you got to get to $2

00:02:11.364 --> 00:02:12.365
triple you got to get to $2
trillion

00:02:12.365 --> 00:02:12.432
triple you got to get to $2
trillion for

00:02:12.432 --> 00:02:13.133
triple you got to get to $2
trillion for the

00:02:13.133 --> 00:02:13.166
triple you got to get to $2
trillion for the first

00:02:13.166 --> 00:02:13.399
trillion for the first

00:02:13.399 --> 00:02:13.466
trillion for the first
milestone.

00:02:13.466 --> 00:02:14.234
trillion for the first
milestone. But

00:02:14.234 --> 00:02:14.300
trillion for the first
milestone. But then

00:02:14.300 --> 00:02:14.467
trillion for the first
milestone. But then for

00:02:14.467 --> 00:02:14.501
trillion for the first
milestone. But then for example,

00:02:14.501 --> 00:02:15.668
milestone. But then for example,

00:02:15.668 --> 00:02:15.735
milestone. But then for example,
like

00:02:15.735 --> 00:02:15.835
milestone. But then for example,
like the

00:02:15.835 --> 00:02:15.969
milestone. But then for example,
like the EBITDA

00:02:15.969 --> 00:02:16.336
milestone. But then for example,
like the EBITDA number

00:02:16.336 --> 00:02:16.402
milestone. But then for example,
like the EBITDA number has

00:02:16.402 --> 00:02:16.436
milestone. But then for example,
like the EBITDA number has to

00:02:16.436 --> 00:02:16.536
like the EBITDA number has to

00:02:16.536 --> 00:02:17.103
like the EBITDA number has to
go

00:02:17.103 --> 00:02:18.171
like the EBITDA number has to
go has

00:02:18.171 --> 00:02:18.271
like the EBITDA number has to
go has to

00:02:18.271 --> 00:02:18.304
like the EBITDA number has to
go has to three

00:02:18.304 --> 00:02:18.371
like the EBITDA number has to
go has to three x

00:02:18.371 --> 00:02:19.539
like the EBITDA number has to
go has to three x what

00:02:19.539 --> 00:02:19.606
like the EBITDA number has to
go has to three x what it

00:02:19.606 --> 00:02:19.639
like the EBITDA number has to
go has to three x what it is

00:02:19.639 --> 00:02:19.806
go has to three x what it is

00:02:19.806 --> 00:02:19.839
go has to three x what it is
today.

00:02:19.839 --> 00:02:19.939
today.

00:02:19.939 --> 00:02:20.540
today.
>>

00:02:20.540 --> 00:02:21.107
today.
>> Yes.

00:02:21.107 --> 00:02:21.207
today.
>> Yes. So

00:02:21.207 --> 00:02:22.542
today.
>> Yes. So again

00:02:22.542 --> 00:02:22.575
today.
>> Yes. So again we've

00:02:22.575 --> 00:02:22.809
>> Yes. So again we've

00:02:22.809 --> 00:02:22.909
>> Yes. So again we've
constructed

00:02:22.909 --> 00:02:23.209
>> Yes. So again we've
constructed this

00:02:23.209 --> 00:02:23.243
>> Yes. So again we've
constructed this plan

00:02:23.243 --> 00:02:24.878
>> Yes. So again we've
constructed this plan so

00:02:24.878 --> 00:02:24.911
>> Yes. So again we've
constructed this plan so that

00:02:24.911 --> 00:02:25.378
constructed this plan so that

00:02:25.378 --> 00:02:26.479
constructed this plan so that
shareholders

00:02:26.479 --> 00:02:26.646
constructed this plan so that
shareholders get

00:02:26.646 --> 00:02:26.679
constructed this plan so that
shareholders get outsized

00:02:26.679 --> 00:02:27.914
shareholders get outsized

00:02:27.914 --> 00:02:28.248
shareholders get outsized
returns.

00:02:28.248 --> 00:02:28.281
shareholders get outsized
returns. For

00:02:28.281 --> 00:02:29.315
shareholders get outsized
returns. For us

00:02:29.315 --> 00:02:29.349
shareholders get outsized
returns. For us it

00:02:29.349 --> 00:02:29.415
shareholders get outsized
returns. For us it is

00:02:29.415 --> 00:02:30.717
shareholders get outsized
returns. For us it is all

00:02:30.717 --> 00:02:30.750
shareholders get outsized
returns. For us it is all about

00:02:30.750 --> 00:02:30.984
returns. For us it is all about

00:02:30.984 --> 00:02:31.151
returns. For us it is all about
shareholder

00:02:31.151 --> 00:02:31.284
returns. For us it is all about
shareholder value

00:02:31.284 --> 00:02:32.519
returns. For us it is all about
shareholder value creation

00:02:32.519 --> 00:02:32.552
returns. For us it is all about
shareholder value creation and

00:02:32.552 --> 00:02:32.652
shareholder value creation and

00:02:32.652 --> 00:02:33.253
shareholder value creation and
the

00:02:33.253 --> 00:02:33.319
shareholder value creation and
the plan.

00:02:33.319 --> 00:02:34.020
shareholder value creation and
the plan. That

00:02:34.020 --> 00:02:35.088
shareholder value creation and
the plan. That plan

00:02:35.088 --> 00:02:35.121
shareholder value creation and
the plan. That plan reflects

00:02:35.121 --> 00:02:35.255
the plan. That plan reflects

00:02:35.255 --> 00:02:35.321
the plan. That plan reflects
that.

00:02:35.321 --> 00:02:36.122
the plan. That plan reflects
that. So

00:02:36.122 --> 00:02:36.222
the plan. That plan reflects
that. So in

00:02:36.222 --> 00:02:36.256
the plan. That plan reflects
that. So in terms

00:02:36.256 --> 00:02:37.123
the plan. That plan reflects
that. So in terms of

00:02:37.123 --> 00:02:37.991
the plan. That plan reflects
that. So in terms of the

00:02:37.991 --> 00:02:38.024
the plan. That plan reflects
that. So in terms of the first

00:02:38.024 --> 00:02:38.224
that. So in terms of the first

00:02:38.224 --> 00:02:38.258
that. So in terms of the first
tranche,

00:02:38.258 --> 00:02:39.692
that. So in terms of the first
tranche, as

00:02:39.692 --> 00:02:39.792
that. So in terms of the first
tranche, as I

00:02:39.792 --> 00:02:39.826
that. So in terms of the first
tranche, as I said,

00:02:39.826 --> 00:02:40.126
that. So in terms of the first
tranche, as I said, it

00:02:40.126 --> 00:02:40.160
that. So in terms of the first
tranche, as I said, it is

00:02:40.160 --> 00:02:40.360
tranche, as I said, it is

00:02:40.360 --> 00:02:40.426
tranche, as I said, it is
doubling

00:02:40.426 --> 00:02:41.227
tranche, as I said, it is
doubling the

00:02:41.227 --> 00:02:41.294
tranche, as I said, it is
doubling the market

00:02:41.294 --> 00:02:41.327
tranche, as I said, it is
doubling the market cap

00:02:41.327 --> 00:02:41.427
tranche, as I said, it is
doubling the market cap of

00:02:41.427 --> 00:02:41.461
tranche, as I said, it is
doubling the market cap of the

00:02:41.461 --> 00:02:41.995
doubling the market cap of the

00:02:41.995 --> 00:02:42.095
doubling the market cap of the
company.

00:02:42.095 --> 00:02:42.195
doubling the market cap of the
company. We're

00:02:42.195 --> 00:02:43.096
doubling the market cap of the
company. We're just

00:02:43.096 --> 00:02:43.163
doubling the market cap of the
company. We're just over

00:02:43.163 --> 00:02:43.196
doubling the market cap of the
company. We're just over $1

00:02:43.196 --> 00:02:44.564
company. We're just over $1

00:02:44.564 --> 00:02:44.664
company. We're just over $1
trillion

00:02:44.664 --> 00:02:44.731
company. We're just over $1
trillion today.

00:02:44.731 --> 00:02:45.165
company. We're just over $1
trillion today. The

00:02:45.165 --> 00:02:45.198
company. We're just over $1
trillion today. The first

00:02:45.198 --> 00:02:45.398
trillion today. The first

00:02:45.398 --> 00:02:45.465
trillion today. The first
milestone

00:02:45.465 --> 00:02:47.300
trillion today. The first
milestone is

00:02:47.300 --> 00:02:47.333
trillion today. The first
milestone is at

00:02:47.333 --> 00:02:49.169
trillion today. The first
milestone is at $2

00:02:49.169 --> 00:02:49.202
trillion today. The first
milestone is at $2 trillion.

00:02:49.202 --> 00:02:49.302
milestone is at $2 trillion.

00:02:49.302 --> 00:02:50.570
milestone is at $2 trillion.
The

00:02:50.570 --> 00:02:50.637
milestone is at $2 trillion.
The and

00:02:50.637 --> 00:02:50.703
milestone is at $2 trillion.
The and the

00:02:50.703 --> 00:02:50.770
milestone is at $2 trillion.
The and the the

00:02:50.770 --> 00:02:51.304
milestone is at $2 trillion.
The and the the top

00:02:51.304 --> 00:02:51.337
milestone is at $2 trillion.
The and the the top milestone,

00:02:51.337 --> 00:02:51.437
The and the the top milestone,

00:02:51.437 --> 00:02:51.504
The and the the top milestone,
if

00:02:51.504 --> 00:02:52.071
The and the the top milestone,
if you

00:02:52.071 --> 00:02:52.138
The and the the top milestone,
if you like.

00:02:52.138 --> 00:02:53.106
The and the the top milestone,
if you like. The

00:02:53.106 --> 00:02:53.139
The and the the top milestone,
if you like. The tranche

00:02:53.139 --> 00:02:53.206
The and the the top milestone,
if you like. The tranche 12

00:02:53.206 --> 00:02:53.239
The and the the top milestone,
if you like. The tranche 12 is

00:02:53.239 --> 00:02:54.541
if you like. The tranche 12 is

00:02:54.541 --> 00:02:54.607
if you like. The tranche 12 is
at

00:02:54.607 --> 00:02:54.774
if you like. The tranche 12 is
at $8.5

00:02:54.774 --> 00:02:55.608
if you like. The tranche 12 is
at $8.5 trillion.

00:02:55.608 --> 00:02:55.642
if you like. The tranche 12 is
at $8.5 trillion. And

00:02:55.642 --> 00:02:55.708
if you like. The tranche 12 is
at $8.5 trillion. And I

00:02:55.708 --> 00:02:55.742
if you like. The tranche 12 is
at $8.5 trillion. And I am

00:02:55.742 --> 00:02:56.376
at $8.5 trillion. And I am

00:02:56.376 --> 00:02:56.509
at $8.5 trillion. And I am
saying

00:02:56.509 --> 00:02:57.076
at $8.5 trillion. And I am
saying trillion

00:02:57.076 --> 00:02:57.110
at $8.5 trillion. And I am
saying trillion dollars.

00:02:57.110 --> 00:02:58.511
at $8.5 trillion. And I am
saying trillion dollars. It

00:02:58.511 --> 00:02:58.545
at $8.5 trillion. And I am
saying trillion dollars. It is

00:02:58.545 --> 00:02:58.611
saying trillion dollars. It is

00:02:58.611 --> 00:02:58.711
saying trillion dollars. It is
a

00:02:58.711 --> 00:02:59.846
saying trillion dollars. It is
a very

00:02:59.846 --> 00:03:00.613
saying trillion dollars. It is
a very ambitious

00:03:00.613 --> 00:03:01.714
saying trillion dollars. It is
a very ambitious plan.

00:03:01.714 --> 00:03:01.781
saying trillion dollars. It is
a very ambitious plan. The

00:03:01.781 --> 00:03:01.814
saying trillion dollars. It is
a very ambitious plan. The the

00:03:01.814 --> 00:03:02.515
a very ambitious plan. The the

00:03:02.515 --> 00:03:03.149
a very ambitious plan. The the
2018

00:03:03.149 --> 00:03:03.216
a very ambitious plan. The the
2018 plan

00:03:03.216 --> 00:03:03.249
a very ambitious plan. The the
2018 plan was

00:03:03.249 --> 00:03:04.284
a very ambitious plan. The the
2018 plan was to

00:03:04.284 --> 00:03:04.350
a very ambitious plan. The the
2018 plan was to get

00:03:04.350 --> 00:03:04.384
a very ambitious plan. The the
2018 plan was to get to

00:03:04.384 --> 00:03:04.584
2018 plan was to get to

00:03:04.584 --> 00:03:05.718
2018 plan was to get to
billions

00:03:05.718 --> 00:03:05.852
2018 plan was to get to
billions of

00:03:05.852 --> 00:03:05.885
2018 plan was to get to
billions of dollars

00:03:05.885 --> 00:03:06.019
2018 plan was to get to
billions of dollars of

00:03:06.019 --> 00:03:06.052
2018 plan was to get to
billions of dollars of market

00:03:06.052 --> 00:03:06.386
billions of dollars of market

00:03:06.386 --> 00:03:06.486
billions of dollars of market
cap.

00:03:06.486 --> 00:03:07.153
billions of dollars of market
cap. This

00:03:07.153 --> 00:03:07.187
billions of dollars of market
cap. This plan

00:03:07.187 --> 00:03:07.253
billions of dollars of market
cap. This plan is

00:03:07.253 --> 00:03:08.221
billions of dollars of market
cap. This plan is to

00:03:08.221 --> 00:03:08.288
billions of dollars of market
cap. This plan is to get

00:03:08.288 --> 00:03:08.321
billions of dollars of market
cap. This plan is to get to

00:03:08.321 --> 00:03:08.521
cap. This plan is to get to

00:03:08.521 --> 00:03:09.289
cap. This plan is to get to
trillions

00:03:09.289 --> 00:03:09.422
cap. This plan is to get to
trillions of

00:03:09.422 --> 00:03:09.455
cap. This plan is to get to
trillions of dollars

00:03:09.455 --> 00:03:09.589
cap. This plan is to get to
trillions of dollars of

00:03:09.589 --> 00:03:09.622
cap. This plan is to get to
trillions of dollars of market

00:03:09.622 --> 00:03:10.056
trillions of dollars of market

00:03:10.056 --> 00:03:10.123
trillions of dollars of market
cap

00:03:10.123 --> 00:03:11.124
trillions of dollars of market
cap and

00:03:11.124 --> 00:03:11.291
trillions of dollars of market
cap and and

00:03:11.291 --> 00:03:11.357
trillions of dollars of market
cap and and trillions

00:03:11.357 --> 00:03:11.391
trillions of dollars of market
cap and and trillions of

00:03:11.391 --> 00:03:12.492
cap and and trillions of

00:03:12.492 --> 00:03:12.525
cap and and trillions of
dollars

00:03:12.525 --> 00:03:12.725
cap and and trillions of
dollars of

00:03:12.725 --> 00:03:12.859
cap and and trillions of
dollars of shareholder

00:03:12.859 --> 00:03:12.892
cap and and trillions of
dollars of shareholder value

00:03:12.892 --> 00:03:13.293
dollars of shareholder value

00:03:13.293 --> 00:03:13.326
dollars of shareholder value
creation.

00:03:13.326 --> 00:03:13.426
creation.

00:03:13.426 --> 00:03:13.493
creation.
>>

00:03:13.493 --> 00:03:14.661
creation.
>> How

00:03:14.661 --> 00:03:14.694
creation.
>> How much

00:03:14.694 --> 00:03:14.794
creation.
>> How much of

00:03:14.794 --> 00:03:15.662
creation.
>> How much of this

00:03:15.662 --> 00:03:16.462
creation.
>> How much of this is

00:03:16.462 --> 00:03:16.496
creation.
>> How much of this is about

00:03:16.496 --> 00:03:16.763
>> How much of this is about

00:03:16.763 --> 00:03:16.863
>> How much of this is about
incentivizing

00:03:16.863 --> 00:03:17.230
>> How much of this is about
incentivizing Elon

00:03:17.230 --> 00:03:17.297
>> How much of this is about
incentivizing Elon as

00:03:17.297 --> 00:03:17.330
>> How much of this is about
incentivizing Elon as it

00:03:17.330 --> 00:03:18.498
incentivizing Elon as it

00:03:18.498 --> 00:03:18.998
incentivizing Elon as it
relates

00:03:18.998 --> 00:03:19.065
incentivizing Elon as it
relates to

00:03:19.065 --> 00:03:20.033
incentivizing Elon as it
relates to his

00:03:20.033 --> 00:03:20.066
incentivizing Elon as it
relates to his ability

00:03:20.066 --> 00:03:20.166
incentivizing Elon as it
relates to his ability to

00:03:20.166 --> 00:03:20.200
incentivizing Elon as it
relates to his ability to have

00:03:20.200 --> 00:03:21.134
relates to his ability to have

00:03:21.134 --> 00:03:21.234
relates to his ability to have
more

00:03:21.234 --> 00:03:21.367
relates to his ability to have
more voting

00:03:21.367 --> 00:03:22.268
relates to his ability to have
more voting control

00:03:22.268 --> 00:03:22.335
relates to his ability to have
more voting control of

00:03:22.335 --> 00:03:22.368
relates to his ability to have
more voting control of the

00:03:22.368 --> 00:03:22.569
more voting control of the

00:03:22.569 --> 00:03:22.669
more voting control of the
company?

00:03:22.669 --> 00:03:23.002
more voting control of the
company? That's

00:03:23.002 --> 00:03:23.102
more voting control of the
company? That's something

00:03:23.102 --> 00:03:23.136
more voting control of the
company? That's something that

00:03:23.136 --> 00:03:23.269
company? That's something that

00:03:23.269 --> 00:03:23.369
company? That's something that
he's

00:03:23.369 --> 00:03:24.003
company? That's something that
he's talked

00:03:24.003 --> 00:03:24.070
company? That's something that
he's talked a

00:03:24.070 --> 00:03:24.170
company? That's something that
he's talked a lot

00:03:24.170 --> 00:03:24.237
company? That's something that
he's talked a lot about

00:03:24.237 --> 00:03:25.171
company? That's something that
he's talked a lot about for

00:03:25.171 --> 00:03:25.205
company? That's something that
he's talked a lot about for a

00:03:25.205 --> 00:03:25.338
he's talked a lot about for a

00:03:25.338 --> 00:03:25.438
he's talked a lot about for a
long

00:03:25.438 --> 00:03:25.471
he's talked a lot about for a
long time.

00:03:25.471 --> 00:03:25.572
long time.

00:03:25.572 --> 00:03:26.539
long time.
>>

00:03:26.539 --> 00:03:26.573
long time.
>> Yes.

00:03:26.573 --> 00:03:26.673
long time.
>> Yes. I

00:03:26.673 --> 00:03:26.973
long time.
>> Yes. I mean,

00:03:26.973 --> 00:03:27.040
long time.
>> Yes. I mean, clearly,

00:03:27.040 --> 00:03:27.073
long time.
>> Yes. I mean, clearly, as

00:03:27.073 --> 00:03:27.240
>> Yes. I mean, clearly, as

00:03:27.240 --> 00:03:28.007
>> Yes. I mean, clearly, as
you're

00:03:28.007 --> 00:03:28.041
>> Yes. I mean, clearly, as
you're constructing

00:03:28.041 --> 00:03:28.141
>> Yes. I mean, clearly, as
you're constructing a

00:03:28.141 --> 00:03:28.174
>> Yes. I mean, clearly, as
you're constructing a plan

00:03:28.174 --> 00:03:28.308
you're constructing a plan

00:03:28.308 --> 00:03:29.709
you're constructing a plan
where

00:03:29.709 --> 00:03:29.776
you're constructing a plan
where you

00:03:29.776 --> 00:03:29.842
you're constructing a plan
where you want

00:03:29.842 --> 00:03:30.109
you're constructing a plan
where you want to

00:03:30.109 --> 00:03:30.176
you're constructing a plan
where you want to keep

00:03:30.176 --> 00:03:31.277
you're constructing a plan
where you want to keep the

00:03:31.277 --> 00:03:31.311
you're constructing a plan
where you want to keep the the

00:03:31.311 --> 00:03:31.411
where you want to keep the the

00:03:31.411 --> 00:03:31.477
where you want to keep the the
the

00:03:31.477 --> 00:03:32.011
where you want to keep the the
the CEO

00:03:32.011 --> 00:03:32.078
where you want to keep the the
the CEO motivated

00:03:32.078 --> 00:03:33.346
where you want to keep the the
the CEO motivated and

00:03:33.346 --> 00:03:33.379
where you want to keep the the
the CEO motivated and focused

00:03:33.379 --> 00:03:33.479
the CEO motivated and focused

00:03:33.479 --> 00:03:34.113
the CEO motivated and focused
on

00:03:34.113 --> 00:03:34.180
the CEO motivated and focused
on delivering

00:03:34.180 --> 00:03:34.247
the CEO motivated and focused
on delivering for

00:03:34.247 --> 00:03:35.415
the CEO motivated and focused
on delivering for the

00:03:35.415 --> 00:03:35.448
the CEO motivated and focused
on delivering for the company

00:03:35.448 --> 00:03:35.548
on delivering for the company

00:03:35.548 --> 00:03:36.516
on delivering for the company
and

00:03:36.516 --> 00:03:36.983
on delivering for the company
and for

00:03:36.983 --> 00:03:37.050
on delivering for the company
and for shareholders,

00:03:37.050 --> 00:03:37.150
on delivering for the company
and for shareholders, you

00:03:37.150 --> 00:03:37.183
on delivering for the company
and for shareholders, you need

00:03:37.183 --> 00:03:38.051
and for shareholders, you need

00:03:38.051 --> 00:03:38.151
and for shareholders, you need
to

00:03:38.151 --> 00:03:38.218
and for shareholders, you need
to delve

00:03:38.218 --> 00:03:39.152
and for shareholders, you need
to delve into

00:03:39.152 --> 00:03:39.319
and for shareholders, you need
to delve into what

00:03:39.319 --> 00:03:39.352
and for shareholders, you need
to delve into what motivates

00:03:39.352 --> 00:03:40.220
to delve into what motivates

00:03:40.220 --> 00:03:40.286
to delve into what motivates
him.

00:03:40.286 --> 00:03:40.453
to delve into what motivates
him. And

00:03:40.453 --> 00:03:40.520
to delve into what motivates
him. And obviously

00:03:40.520 --> 00:03:41.654
to delve into what motivates
him. And obviously he's

00:03:41.654 --> 00:03:41.688
to delve into what motivates
him. And obviously he's been

00:03:41.688 --> 00:03:41.821
him. And obviously he's been

00:03:41.821 --> 00:03:41.921
him. And obviously he's been
very

00:03:41.921 --> 00:03:42.789
him. And obviously he's been
very public

00:03:42.789 --> 00:03:43.122
him. And obviously he's been
very public about

00:03:43.122 --> 00:03:44.157
him. And obviously he's been
very public about about

00:03:44.157 --> 00:03:44.190
him. And obviously he's been
very public about about getting

00:03:44.190 --> 00:03:45.325
very public about about getting

00:03:45.325 --> 00:03:45.425
very public about about getting
additional

00:03:45.425 --> 00:03:45.558
very public about about getting
additional voting

00:03:45.558 --> 00:03:45.992
very public about about getting
additional voting powers

00:03:45.992 --> 00:03:46.025
very public about about getting
additional voting powers so

00:03:46.025 --> 00:03:46.159
additional voting powers so

00:03:46.159 --> 00:03:46.192
additional voting powers so
that

00:03:46.192 --> 00:03:47.026
additional voting powers so
that as

00:03:47.026 --> 00:03:48.094
additional voting powers so
that as he

00:03:48.094 --> 00:03:48.161
additional voting powers so
that as he develops

00:03:48.161 --> 00:03:48.228
additional voting powers so
that as he develops the

00:03:48.228 --> 00:03:48.261
additional voting powers so
that as he develops the AI

00:03:48.261 --> 00:03:49.929
that as he develops the AI

00:03:49.929 --> 00:03:49.996
that as he develops the AI
products

00:03:49.996 --> 00:03:50.063
that as he develops the AI
products and

00:03:50.063 --> 00:03:50.363
that as he develops the AI
products and the

00:03:50.363 --> 00:03:50.396
that as he develops the AI
products and the AI

00:03:50.396 --> 00:03:50.663
products and the AI

00:03:50.663 --> 00:03:51.064
products and the AI
deliverables

00:03:51.064 --> 00:03:52.131
products and the AI
deliverables and

00:03:52.131 --> 00:03:52.198
products and the AI
deliverables and the

00:03:52.198 --> 00:03:52.232
products and the AI
deliverables and the the

00:03:52.232 --> 00:03:53.199
deliverables and the the

00:03:53.199 --> 00:03:53.299
deliverables and the the
Optimus

00:03:53.299 --> 00:03:53.366
deliverables and the the
Optimus robots

00:03:53.366 --> 00:03:54.300
deliverables and the the
Optimus robots and

00:03:54.300 --> 00:03:54.434
deliverables and the the
Optimus robots and the

00:03:54.434 --> 00:03:54.467
deliverables and the the
Optimus robots and the robots

00:03:54.467 --> 00:03:54.567
Optimus robots and the robots

00:03:54.567 --> 00:03:54.968
Optimus robots and the robots
to

00:03:54.968 --> 00:03:55.068
Optimus robots and the robots
to come

00:03:55.068 --> 00:03:55.168
Optimus robots and the robots
to come after

00:03:55.168 --> 00:03:56.035
Optimus robots and the robots
to come after that,

00:03:56.035 --> 00:03:56.102
Optimus robots and the robots
to come after that, that

00:03:56.102 --> 00:03:56.135
Optimus robots and the robots
to come after that, that he

00:03:56.135 --> 00:03:56.269
to come after that, that he

00:03:56.269 --> 00:03:56.336
to come after that, that he
wants

00:03:56.336 --> 00:03:57.437
to come after that, that he
wants to

00:03:57.437 --> 00:03:57.503
to come after that, that he
wants to make

00:03:57.503 --> 00:03:58.271
to come after that, that he
wants to make sure

00:03:58.271 --> 00:03:58.371
to come after that, that he
wants to make sure that

00:03:58.371 --> 00:03:58.404
to come after that, that he
wants to make sure that evil

00:03:58.404 --> 00:03:58.538
wants to make sure that evil

00:03:58.538 --> 00:03:58.605
wants to make sure that evil
can't

00:03:58.605 --> 00:03:59.305
wants to make sure that evil
can't be

00:03:59.305 --> 00:03:59.372
wants to make sure that evil
can't be done

00:03:59.372 --> 00:03:59.472
wants to make sure that evil
can't be done with

00:03:59.472 --> 00:04:00.039
wants to make sure that evil
can't be done with those

00:04:00.039 --> 00:04:00.073
wants to make sure that evil
can't be done with those things.

00:04:00.073 --> 00:04:00.173
can't be done with those things.

00:04:00.173 --> 00:04:00.240
can't be done with those things.
And

00:04:00.240 --> 00:04:01.174
can't be done with those things.
And so

00:04:01.174 --> 00:04:01.241
can't be done with those things.
And so having

00:04:01.241 --> 00:04:01.341
can't be done with those things.
And so having some

00:04:01.341 --> 00:04:02.508
can't be done with those things.
And so having some sort

00:04:02.508 --> 00:04:02.542
can't be done with those things.
And so having some sort of

00:04:02.542 --> 00:04:03.977
And so having some sort of

00:04:03.977 --> 00:04:04.077
And so having some sort of
voting

00:04:04.077 --> 00:04:04.344
And so having some sort of
voting power

00:04:04.344 --> 00:04:05.411
And so having some sort of
voting power in

00:04:05.411 --> 00:04:05.478
And so having some sort of
voting power in order

00:04:05.478 --> 00:04:05.511
And so having some sort of
voting power in order to

00:04:05.511 --> 00:04:06.145
voting power in order to

00:04:06.145 --> 00:04:07.580
voting power in order to
prevent

00:04:07.580 --> 00:04:07.647
voting power in order to
prevent that

00:04:07.647 --> 00:04:07.780
voting power in order to
prevent that bad

00:04:07.780 --> 00:04:07.814
voting power in order to
prevent that bad things

00:04:07.814 --> 00:04:08.047
prevent that bad things

00:04:08.047 --> 00:04:08.081
prevent that bad things
happening

00:04:08.081 --> 00:04:09.082
prevent that bad things
happening is

00:04:09.082 --> 00:04:09.249
prevent that bad things
happening is a

00:04:09.249 --> 00:04:09.315
prevent that bad things
happening is a motivator

00:04:09.315 --> 00:04:09.349
prevent that bad things
happening is a motivator for

00:04:09.349 --> 00:04:10.116
happening is a motivator for

00:04:10.116 --> 00:04:10.183
happening is a motivator for
him.

00:04:10.183 --> 00:04:10.250
happening is a motivator for
him. So

00:04:10.250 --> 00:04:11.451
happening is a motivator for
him. So the

00:04:11.451 --> 00:04:12.218
happening is a motivator for
him. So the special

00:04:12.218 --> 00:04:12.252
happening is a motivator for
him. So the special committee

00:04:12.252 --> 00:04:12.452
him. So the special committee

00:04:12.452 --> 00:04:12.552
him. So the special committee
obviously

00:04:12.552 --> 00:04:13.052
him. So the special committee
obviously took

00:04:13.052 --> 00:04:13.152
him. So the special committee
obviously took that

00:04:13.152 --> 00:04:13.186
him. So the special committee
obviously took that into

00:04:13.186 --> 00:04:13.353
obviously took that into

00:04:13.353 --> 00:04:14.053
obviously took that into
account

00:04:14.053 --> 00:04:14.087
obviously took that into
account as

00:04:14.087 --> 00:04:14.187
obviously took that into
account as we

00:04:14.187 --> 00:04:15.154
obviously took that into
account as we were

00:04:15.154 --> 00:04:15.188
obviously took that into
account as we were working

00:04:15.188 --> 00:04:15.388
account as we were working

00:04:15.388 --> 00:04:15.455
account as we were working
through,

00:04:15.455 --> 00:04:16.222
account as we were working
through, what

00:04:16.222 --> 00:04:16.289
account as we were working
through, what were

00:04:16.289 --> 00:04:16.389
account as we were working
through, what were the

00:04:16.389 --> 00:04:16.422
account as we were working
through, what were the right

00:04:16.422 --> 00:04:17.290
through, what were the right

00:04:17.290 --> 00:04:17.323
through, what were the right
goals

00:04:17.323 --> 00:04:17.390
through, what were the right
goals to

00:04:17.390 --> 00:04:18.091
through, what were the right
goals to be

00:04:18.091 --> 00:04:18.157
through, what were the right
goals to be setting?

00:04:18.157 --> 00:04:18.258
through, what were the right
goals to be setting? What

00:04:18.258 --> 00:04:18.291
through, what were the right
goals to be setting? What was

00:04:18.291 --> 00:04:18.391
goals to be setting? What was

00:04:18.391 --> 00:04:19.425
goals to be setting? What was
the

00:04:19.425 --> 00:04:19.559
goals to be setting? What was
the right

00:04:19.559 --> 00:04:20.193
goals to be setting? What was
the right balance

00:04:20.193 --> 00:04:20.260
goals to be setting? What was
the right balance between

00:04:20.260 --> 00:04:20.293
goals to be setting? What was
the right balance between the

00:04:20.293 --> 00:04:21.294
the right balance between the

00:04:21.294 --> 00:04:21.361
the right balance between the
motivation

00:04:21.361 --> 00:04:21.561
the right balance between the
motivation and

00:04:21.561 --> 00:04:21.594
the right balance between the
motivation and shareholder

00:04:21.594 --> 00:04:22.362
motivation and shareholder

00:04:22.362 --> 00:04:22.528
motivation and shareholder
value

00:04:22.528 --> 00:04:23.129
motivation and shareholder
value creation,

00:04:23.129 --> 00:04:23.196
motivation and shareholder
value creation, and

00:04:23.196 --> 00:04:24.163
motivation and shareholder
value creation, and what

00:04:24.163 --> 00:04:24.197
motivation and shareholder
value creation, and what were

00:04:24.197 --> 00:04:24.297
value creation, and what were

00:04:24.297 --> 00:04:24.397
value creation, and what were
the

00:04:24.397 --> 00:04:24.597
value creation, and what were
the right

00:04:24.597 --> 00:04:25.231
value creation, and what were
the right milestones

00:04:25.231 --> 00:04:25.298
value creation, and what were
the right milestones to

00:04:25.298 --> 00:04:25.331
value creation, and what were
the right milestones to be

00:04:25.331 --> 00:04:25.498
the right milestones to be

00:04:25.498 --> 00:04:26.332
the right milestones to be
putting

00:04:26.332 --> 00:04:26.432
the right milestones to be
putting in

00:04:26.432 --> 00:04:26.466
the right milestones to be
putting in place

00:04:26.466 --> 00:04:27.033
the right milestones to be
putting in place in

00:04:27.033 --> 00:04:27.100
the right milestones to be
putting in place in order

00:04:27.100 --> 00:04:27.133
the right milestones to be
putting in place in order to

00:04:27.133 --> 00:04:28.468
putting in place in order to

00:04:28.468 --> 00:04:28.568
putting in place in order to
actually

00:04:28.568 --> 00:04:28.635
putting in place in order to
actually create

00:04:28.635 --> 00:04:29.168
putting in place in order to
actually create the

00:04:29.168 --> 00:04:29.269
putting in place in order to
actually create the right

00:04:29.269 --> 00:04:29.302
putting in place in order to
actually create the right plan

00:04:29.302 --> 00:04:29.402
actually create the right plan

00:04:29.402 --> 00:04:30.270
actually create the right plan
to

00:04:30.270 --> 00:04:30.336
actually create the right plan
to lift

00:04:30.336 --> 00:04:30.470
actually create the right plan
to lift the

00:04:30.470 --> 00:04:31.337
actually create the right plan
to lift the company

00:04:31.337 --> 00:04:31.404
actually create the right plan
to lift the company and

00:04:31.404 --> 00:04:31.437
actually create the right plan
to lift the company and to

00:04:31.437 --> 00:04:32.438
to lift the company and to

00:04:32.438 --> 00:04:32.505
to lift the company and to
create

00:04:32.505 --> 00:04:32.572
to lift the company and to
create the

00:04:32.572 --> 00:04:33.172
to lift the company and to
create the most

00:04:33.172 --> 00:04:33.206
to lift the company and to
create the most valuable

00:04:33.206 --> 00:04:34.574
create the most valuable

00:04:34.574 --> 00:04:34.607
create the most valuable
company

00:04:34.607 --> 00:04:35.275
create the most valuable
company in

00:04:35.275 --> 00:04:35.308
create the most valuable
company in history.

00:04:35.308 --> 00:04:35.408
company in history.

00:04:35.408 --> 00:04:36.042
company in history.
>>

00:04:36.042 --> 00:04:36.109
company in history.
>> And

00:04:36.109 --> 00:04:36.175
company in history.
>> And just

00:04:36.175 --> 00:04:37.076
company in history.
>> And just so

00:04:37.076 --> 00:04:37.277
company in history.
>> And just so we

00:04:37.277 --> 00:04:37.310
company in history.
>> And just so we understand

00:04:37.310 --> 00:04:37.410
>> And just so we understand

00:04:37.410 --> 00:04:39.912
>> And just so we understand
the

00:04:39.912 --> 00:04:39.979
>> And just so we understand
the details,

00:04:39.979 --> 00:04:40.079
>> And just so we understand
the details, the

00:04:40.079 --> 00:04:40.413
>> And just so we understand
the details, the shares

00:04:40.413 --> 00:04:40.446
>> And just so we understand
the details, the shares are

00:04:40.446 --> 00:04:40.680
the details, the shares are

00:04:40.680 --> 00:04:41.080
the details, the shares are
restricted

00:04:41.080 --> 00:04:41.147
the details, the shares are
restricted for

00:04:41.147 --> 00:04:42.181
the details, the shares are
restricted for five

00:04:42.181 --> 00:04:42.248
the details, the shares are
restricted for five years,

00:04:42.248 --> 00:04:42.282
the details, the shares are
restricted for five years, but

00:04:42.282 --> 00:04:42.415
restricted for five years, but

00:04:42.415 --> 00:04:43.216
restricted for five years, but
then

00:04:43.216 --> 00:04:43.283
restricted for five years, but
then they

00:04:43.283 --> 00:04:43.349
restricted for five years, but
then they have

00:04:43.349 --> 00:04:43.383
restricted for five years, but
then they have to

00:04:43.383 --> 00:04:44.017
restricted for five years, but
then they have to be

00:04:44.017 --> 00:04:44.083
restricted for five years, but
then they have to be held

00:04:44.083 --> 00:04:44.117
restricted for five years, but
then they have to be held for

00:04:44.117 --> 00:04:44.250
then they have to be held for

00:04:44.250 --> 00:04:44.984
then they have to be held for
seven

00:04:44.984 --> 00:04:45.018
then they have to be held for
seven and

00:04:45.018 --> 00:04:45.084
then they have to be held for
seven and a

00:04:45.084 --> 00:04:46.119
then they have to be held for
seven and a half

00:04:46.119 --> 00:04:46.219
then they have to be held for
seven and a half years,

00:04:46.219 --> 00:04:46.252
then they have to be held for
seven and a half years, and

00:04:46.252 --> 00:04:47.253
seven and a half years, and

00:04:47.253 --> 00:04:47.320
seven and a half years, and
he's

00:04:47.320 --> 00:04:48.354
seven and a half years, and
he's only

00:04:48.354 --> 00:04:48.421
seven and a half years, and
he's only capturing

00:04:48.421 --> 00:04:49.022
seven and a half years, and
he's only capturing the

00:04:49.022 --> 00:04:49.055
seven and a half years, and
he's only capturing the upside

00:04:49.055 --> 00:04:49.188
he's only capturing the upside

00:04:49.188 --> 00:04:50.723
he's only capturing the upside
from

00:04:50.723 --> 00:04:50.790
he's only capturing the upside
from where

00:04:50.790 --> 00:04:51.524
he's only capturing the upside
from where the

00:04:51.524 --> 00:04:51.624
he's only capturing the upside
from where the shares

00:04:51.624 --> 00:04:52.225
he's only capturing the upside
from where the shares trade,

00:04:52.225 --> 00:04:52.258
he's only capturing the upside
from where the shares trade, as

00:04:52.258 --> 00:04:52.425
from where the shares trade, as

00:04:52.425 --> 00:04:53.059
from where the shares trade, as
opposed

00:04:53.059 --> 00:04:53.126
from where the shares trade, as
opposed to

00:04:53.126 --> 00:04:53.192
from where the shares trade, as
opposed to the

00:04:53.192 --> 00:04:54.394
from where the shares trade, as
opposed to the way

00:04:54.394 --> 00:04:54.527
from where the shares trade, as
opposed to the way an

00:04:54.527 --> 00:04:54.560
from where the shares trade, as
opposed to the way an option

00:04:54.560 --> 00:04:54.694
opposed to the way an option

00:04:54.694 --> 00:04:55.161
opposed to the way an option
would

00:04:55.161 --> 00:04:55.328
opposed to the way an option
would work.

00:04:55.328 --> 00:04:55.361
opposed to the way an option
would work. Correct?

00:04:55.361 --> 00:04:55.461
would work. Correct?

00:04:55.461 --> 00:04:56.195
would work. Correct?
>>

00:04:56.195 --> 00:04:56.296
would work. Correct?
>> Yes.

00:04:56.296 --> 00:04:56.362
would work. Correct?
>> Yes. This

00:04:56.362 --> 00:04:57.330
would work. Correct?
>> Yes. This the

00:04:57.330 --> 00:04:57.363
would work. Correct?
>> Yes. This the way

00:04:57.363 --> 00:04:58.064
would work. Correct?
>> Yes. This the way we

00:04:58.064 --> 00:04:58.097
would work. Correct?
>> Yes. This the way we term

00:04:58.097 --> 00:04:58.231
>> Yes. This the way we term

00:04:58.231 --> 00:04:58.331
>> Yes. This the way we term
this

00:04:58.331 --> 00:04:59.465
>> Yes. This the way we term
this plan,

00:04:59.465 --> 00:04:59.565
>> Yes. This the way we term
this plan, we

00:04:59.565 --> 00:04:59.632
>> Yes. This the way we term
this plan, we looked

00:04:59.632 --> 00:04:59.732
>> Yes. This the way we term
this plan, we looked at

00:04:59.732 --> 00:04:59.766
>> Yes. This the way we term
this plan, we looked at many

00:04:59.766 --> 00:05:00.833
this plan, we looked at many

00:05:00.833 --> 00:05:00.967
this plan, we looked at many
different

00:05:00.967 --> 00:05:01.234
this plan, we looked at many
different options

00:05:01.234 --> 00:05:01.267
this plan, we looked at many
different options and

00:05:01.267 --> 00:05:01.534
different options and

00:05:01.534 --> 00:05:02.035
different options and
alternatives

00:05:02.035 --> 00:05:02.135
different options and
alternatives in

00:05:02.135 --> 00:05:03.036
different options and
alternatives in terms

00:05:03.036 --> 00:05:03.102
different options and
alternatives in terms of

00:05:03.102 --> 00:05:03.136
different options and
alternatives in terms of the

00:05:03.136 --> 00:05:03.269
alternatives in terms of the

00:05:03.269 --> 00:05:03.336
alternatives in terms of the
types

00:05:03.336 --> 00:05:04.570
alternatives in terms of the
types of

00:05:04.570 --> 00:05:04.604
alternatives in terms of the
types of tools

00:05:04.604 --> 00:05:04.704
alternatives in terms of the
types of tools we

00:05:04.704 --> 00:05:05.171
alternatives in terms of the
types of tools we would

00:05:05.171 --> 00:05:05.238
alternatives in terms of the
types of tools we would use

00:05:05.238 --> 00:05:05.271
alternatives in terms of the
types of tools we would use in

00:05:05.271 --> 00:05:05.405
types of tools we would use in

00:05:05.405 --> 00:05:06.272
types of tools we would use in
terms

00:05:06.272 --> 00:05:06.339
types of tools we would use in
terms of

00:05:06.339 --> 00:05:06.973
types of tools we would use in
terms of the

00:05:06.973 --> 00:05:08.474
types of tools we would use in
terms of the plan

00:05:08.474 --> 00:05:08.541
types of tools we would use in
terms of the plan itself.

00:05:08.541 --> 00:05:08.574
types of tools we would use in
terms of the plan itself. And

00:05:08.574 --> 00:05:08.675
terms of the plan itself. And

00:05:08.675 --> 00:05:09.108
terms of the plan itself. And
we

00:05:09.108 --> 00:05:09.142
terms of the plan itself. And
we landed

00:05:09.142 --> 00:05:09.208
terms of the plan itself. And
we landed on

00:05:09.208 --> 00:05:10.310
terms of the plan itself. And
we landed on the

00:05:10.310 --> 00:05:10.410
terms of the plan itself. And
we landed on the best

00:05:10.410 --> 00:05:10.443
terms of the plan itself. And
we landed on the best plan

00:05:10.443 --> 00:05:11.077
we landed on the best plan

00:05:11.077 --> 00:05:11.177
we landed on the best plan
possible,

00:05:11.177 --> 00:05:12.045
we landed on the best plan
possible, which

00:05:12.045 --> 00:05:12.078
we landed on the best plan
possible, which is

00:05:12.078 --> 00:05:12.111
we landed on the best plan
possible, which is a

00:05:12.111 --> 00:05:13.746
possible, which is a

00:05:13.746 --> 00:05:14.180
possible, which is a
performance

00:05:14.180 --> 00:05:14.380
possible, which is a
performance based

00:05:14.380 --> 00:05:14.414
possible, which is a
performance based restricted

00:05:14.414 --> 00:05:15.648
performance based restricted

00:05:15.648 --> 00:05:15.748
performance based restricted
stock

00:05:15.748 --> 00:05:15.815
performance based restricted
stock award.

00:05:15.815 --> 00:05:16.015
performance based restricted
stock award. And

00:05:16.015 --> 00:05:17.116
performance based restricted
stock award. And so

00:05:17.116 --> 00:05:17.216
performance based restricted
stock award. And so how

00:05:17.216 --> 00:05:17.250
performance based restricted
stock award. And so how that

00:05:17.250 --> 00:05:17.383
stock award. And so how that

00:05:17.383 --> 00:05:18.184
stock award. And so how that
works

00:05:18.184 --> 00:05:18.251
stock award. And so how that
works is

00:05:18.251 --> 00:05:18.318
stock award. And so how that
works is that

00:05:18.318 --> 00:05:19.252
stock award. And so how that
works is that it

00:05:19.252 --> 00:05:19.452
stock award. And so how that
works is that it is

00:05:19.452 --> 00:05:19.485
stock award. And so how that
works is that it is restricted

00:05:19.485 --> 00:05:20.353
works is that it is restricted

00:05:20.353 --> 00:05:20.420
works is that it is restricted
stock.

00:05:20.420 --> 00:05:20.987
works is that it is restricted
stock. But

00:05:20.987 --> 00:05:21.054
works is that it is restricted
stock. But he

00:05:21.054 --> 00:05:22.121
works is that it is restricted
stock. But he only

00:05:22.121 --> 00:05:22.188
works is that it is restricted
stock. But he only gets

00:05:22.188 --> 00:05:22.221
works is that it is restricted
stock. But he only gets the

00:05:22.221 --> 00:05:23.156
stock. But he only gets the

00:05:23.156 --> 00:05:23.256
stock. But he only gets the
voting

00:05:23.256 --> 00:05:23.289
stock. But he only gets the
voting power

00:05:23.289 --> 00:05:24.157
stock. But he only gets the
voting power as

00:05:24.157 --> 00:05:25.692
stock. But he only gets the
voting power as he

00:05:25.692 --> 00:05:25.758
stock. But he only gets the
voting power as he hits

00:05:25.758 --> 00:05:25.792
stock. But he only gets the
voting power as he hits the

00:05:25.792 --> 00:05:26.426
voting power as he hits the

00:05:26.426 --> 00:05:26.492
voting power as he hits the
milestones.

00:05:26.492 --> 00:05:27.593
voting power as he hits the
milestones. And

00:05:27.593 --> 00:05:27.627
voting power as he hits the
milestones. And then

00:05:27.627 --> 00:05:27.760
voting power as he hits the
milestones. And then he

00:05:27.760 --> 00:05:27.794
voting power as he hits the
milestones. And then he vests

00:05:27.794 --> 00:05:28.294
milestones. And then he vests

00:05:28.294 --> 00:05:29.395
milestones. And then he vests
in

00:05:29.395 --> 00:05:29.462
milestones. And then he vests
in those

00:05:29.462 --> 00:05:29.529
milestones. And then he vests
in those for

00:05:29.529 --> 00:05:30.063
milestones. And then he vests
in those for the

00:05:30.063 --> 00:05:31.097
milestones. And then he vests
in those for the first

00:05:31.097 --> 00:05:31.130
milestones. And then he vests
in those for the first five

00:05:31.130 --> 00:05:31.331
in those for the first five

00:05:31.331 --> 00:05:32.231
in those for the first five
tranches,

00:05:32.231 --> 00:05:32.332
in those for the first five
tranches, whatever

00:05:32.332 --> 00:05:32.365
in those for the first five
tranches, whatever he's

00:05:32.365 --> 00:05:32.565
tranches, whatever he's

00:05:32.565 --> 00:05:33.333
tranches, whatever he's
achieved

00:05:33.333 --> 00:05:33.399
tranches, whatever he's
achieved in

00:05:33.399 --> 00:05:33.466
tranches, whatever he's
achieved in the

00:05:33.466 --> 00:05:33.566
tranches, whatever he's
achieved in the five

00:05:33.566 --> 00:05:33.599
tranches, whatever he's
achieved in the five year

00:05:33.599 --> 00:05:34.400
achieved in the five year

00:05:34.400 --> 00:05:34.434
achieved in the five year
period

00:05:34.434 --> 00:05:35.134
achieved in the five year
period of

00:05:35.134 --> 00:05:35.168
achieved in the five year
period of time,

00:05:35.168 --> 00:05:35.268
achieved in the five year
period of time, he

00:05:35.268 --> 00:05:36.169
achieved in the five year
period of time, he will

00:05:36.169 --> 00:05:36.202
achieved in the five year
period of time, he will vest

00:05:36.202 --> 00:05:36.336
period of time, he will vest

00:05:36.336 --> 00:05:36.402
period of time, he will vest
those

00:05:36.402 --> 00:05:36.469
period of time, he will vest
those at

00:05:36.469 --> 00:05:37.303
period of time, he will vest
those at the

00:05:37.303 --> 00:05:37.370
period of time, he will vest
those at the seven

00:05:37.370 --> 00:05:37.403
period of time, he will vest
those at the seven and

00:05:37.403 --> 00:05:37.503
period of time, he will vest
those at the seven and a

00:05:37.503 --> 00:05:37.537
period of time, he will vest
those at the seven and a half

00:05:37.537 --> 00:05:38.371
those at the seven and a half

00:05:38.371 --> 00:05:38.471
those at the seven and a half
year

00:05:38.471 --> 00:05:38.504
those at the seven and a half
year mark.

00:05:38.504 --> 00:05:38.604
year mark.

00:05:38.604 --> 00:05:38.738
year mark.
>>

00:05:38.738 --> 00:05:39.105
year mark.
>> There's

00:05:39.105 --> 00:05:39.238
year mark.
>> There's a

00:05:39.238 --> 00:05:39.339
year mark.
>> There's a sentence

00:05:39.339 --> 00:05:39.405
year mark.
>> There's a sentence which

00:05:39.405 --> 00:05:39.439
year mark.
>> There's a sentence which I

00:05:39.439 --> 00:05:40.206
>> There's a sentence which I

00:05:40.206 --> 00:05:40.273
>> There's a sentence which I
think

00:05:40.273 --> 00:05:40.406
>> There's a sentence which I
think some

00:05:40.406 --> 00:05:40.473
>> There's a sentence which I
think some people

00:05:40.473 --> 00:05:41.474
>> There's a sentence which I
think some people may

00:05:41.474 --> 00:05:41.541
>> There's a sentence which I
think some people may focus

00:05:41.541 --> 00:05:41.574
>> There's a sentence which I
think some people may focus on,

00:05:41.574 --> 00:05:41.708
think some people may focus on,

00:05:41.708 --> 00:05:42.275
think some people may focus on,
which

00:05:42.275 --> 00:05:42.342
think some people may focus on,
which is

00:05:42.342 --> 00:05:42.408
think some people may focus on,
which is the

00:05:42.408 --> 00:05:42.642
think some people may focus on,
which is the word

00:05:42.642 --> 00:05:42.675
think some people may focus on,
which is the word succession,

00:05:42.675 --> 00:05:42.975
which is the word succession,

00:05:42.975 --> 00:05:43.042
which is the word succession,
that

00:05:43.042 --> 00:05:43.109
which is the word succession,
that you

00:05:43.109 --> 00:05:44.143
which is the word succession,
that you hope

00:05:44.143 --> 00:05:44.210
which is the word succession,
that you hope over

00:05:44.210 --> 00:05:44.310
which is the word succession,
that you hope over time

00:05:44.310 --> 00:05:44.344
which is the word succession,
that you hope over time that

00:05:44.344 --> 00:05:44.444
that you hope over time that

00:05:44.444 --> 00:05:45.178
that you hope over time that
you

00:05:45.178 --> 00:05:45.244
that you hope over time that
you can

00:05:45.244 --> 00:05:45.311
that you hope over time that
you can come

00:05:45.311 --> 00:05:45.378
that you hope over time that
you can come up

00:05:45.378 --> 00:05:46.913
that you hope over time that
you can come up with

00:05:46.913 --> 00:05:46.946
that you hope over time that
you can come up with succession

00:05:46.946 --> 00:05:47.080
you can come up with succession

00:05:47.080 --> 00:05:47.146
you can come up with succession
plan

00:05:47.146 --> 00:05:47.280
you can come up with succession
plan and

00:05:47.280 --> 00:05:48.114
you can come up with succession
plan and incent

00:05:48.114 --> 00:05:48.181
you can come up with succession
plan and incent Elon

00:05:48.181 --> 00:05:48.214
you can come up with succession
plan and incent Elon for

00:05:48.214 --> 00:05:48.448
plan and incent Elon for

00:05:48.448 --> 00:05:49.215
plan and incent Elon for
succession

00:05:49.215 --> 00:05:49.282
plan and incent Elon for
succession plan.

00:05:49.282 --> 00:05:49.382
plan and incent Elon for
succession plan. What

00:05:49.382 --> 00:05:49.482
plan and incent Elon for
succession plan. What does

00:05:49.482 --> 00:05:49.515
plan and incent Elon for
succession plan. What does that

00:05:49.515 --> 00:05:50.516
succession plan. What does that

00:05:50.516 --> 00:05:50.583
succession plan. What does that
look

00:05:50.583 --> 00:05:50.650
succession plan. What does that
look like

00:05:50.650 --> 00:05:50.717
succession plan. What does that
look like in

00:05:50.717 --> 00:05:51.317
succession plan. What does that
look like in your

00:05:51.317 --> 00:05:51.351
succession plan. What does that
look like in your mind?

00:05:51.351 --> 00:05:51.451
look like in your mind?

00:05:51.451 --> 00:05:51.484
look like in your mind?
>>

00:05:51.484 --> 00:05:52.051
look like in your mind?
>> So

00:05:52.051 --> 00:05:52.118
look like in your mind?
>> So the

00:05:52.118 --> 00:05:52.218
look like in your mind?
>> So the the

00:05:52.218 --> 00:05:53.052
look like in your mind?
>> So the the board

00:05:53.052 --> 00:05:54.520
look like in your mind?
>> So the the board takes

00:05:54.520 --> 00:05:54.554
look like in your mind?
>> So the the board takes our

00:05:54.554 --> 00:05:54.854
>> So the the board takes our

00:05:54.854 --> 00:05:54.987
>> So the the board takes our
responsibility

00:05:54.987 --> 00:05:55.021
>> So the the board takes our
responsibility around

00:05:55.021 --> 00:05:55.254
responsibility around

00:05:55.254 --> 00:05:55.555
responsibility around
succession

00:05:55.555 --> 00:05:55.621
responsibility around
succession planning

00:05:55.621 --> 00:05:55.688
responsibility around
succession planning for

00:05:55.688 --> 00:05:56.322
responsibility around
succession planning for the

00:05:56.322 --> 00:05:56.356
responsibility around
succession planning for the CEO,

00:05:56.356 --> 00:05:56.456
succession planning for the CEO,

00:05:56.456 --> 00:05:56.556
succession planning for the CEO,
but

00:05:56.556 --> 00:05:57.023
succession planning for the CEO,
but also

00:05:57.023 --> 00:05:57.123
succession planning for the CEO,
but also for

00:05:57.123 --> 00:05:57.256
succession planning for the CEO,
but also for other

00:05:57.256 --> 00:05:58.124
succession planning for the CEO,
but also for other members

00:05:58.124 --> 00:05:58.157
succession planning for the CEO,
but also for other members of

00:05:58.157 --> 00:05:58.257
but also for other members of

00:05:58.257 --> 00:05:58.424
but also for other members of
the

00:05:58.424 --> 00:05:59.859
but also for other members of
the executive

00:05:59.859 --> 00:05:59.959
but also for other members of
the executive team

00:05:59.959 --> 00:06:00.293
but also for other members of
the executive team very,

00:06:00.293 --> 00:06:00.326
but also for other members of
the executive team very, very

00:06:00.326 --> 00:06:00.560
the executive team very, very

00:06:00.560 --> 00:06:01.027
the executive team very, very
seriously.

00:06:01.027 --> 00:06:01.060
the executive team very, very
seriously. And

00:06:01.060 --> 00:06:01.160
the executive team very, very
seriously. And we

00:06:01.160 --> 00:06:02.061
the executive team very, very
seriously. And we have

00:06:02.061 --> 00:06:02.095
the executive team very, very
seriously. And we have a

00:06:02.095 --> 00:06:02.328
seriously. And we have a

00:06:02.328 --> 00:06:02.395
seriously. And we have a
succession

00:06:02.395 --> 00:06:03.496
seriously. And we have a
succession plan

00:06:03.496 --> 00:06:03.596
seriously. And we have a
succession plan in

00:06:03.596 --> 00:06:04.230
seriously. And we have a
succession plan in place

00:06:04.230 --> 00:06:04.263
seriously. And we have a
succession plan in place or

00:06:04.263 --> 00:06:04.297
seriously. And we have a
succession plan in place or a

00:06:04.297 --> 00:06:05.598
succession plan in place or a

00:06:05.598 --> 00:06:06.032
succession plan in place or a
plan

00:06:06.032 --> 00:06:06.199
succession plan in place or a
plan for

00:06:06.199 --> 00:06:07.100
succession plan in place or a
plan for succession

00:06:07.100 --> 00:06:07.133
succession plan in place or a
plan for succession if

00:06:07.133 --> 00:06:07.333
plan for succession if

00:06:07.333 --> 00:06:07.500
plan for succession if
something

00:06:07.500 --> 00:06:08.868
plan for succession if
something untoward

00:06:08.868 --> 00:06:08.935
plan for succession if
something untoward were

00:06:08.935 --> 00:06:08.968
plan for succession if
something untoward were to

00:06:08.968 --> 00:06:09.135
something untoward were to

00:06:09.135 --> 00:06:09.302
something untoward were to
happen

00:06:09.302 --> 00:06:09.969
something untoward were to
happen to

00:06:09.969 --> 00:06:10.002
something untoward were to
happen to Elon.

00:06:10.002 --> 00:06:10.103
something untoward were to
happen to Elon. So

00:06:10.103 --> 00:06:11.404
something untoward were to
happen to Elon. So that

00:06:11.404 --> 00:06:11.504
something untoward were to
happen to Elon. So that is

00:06:11.504 --> 00:06:11.537
something untoward were to
happen to Elon. So that is just

00:06:11.537 --> 00:06:11.671
happen to Elon. So that is just

00:06:11.671 --> 00:06:12.138
happen to Elon. So that is just
good

00:06:12.138 --> 00:06:13.506
happen to Elon. So that is just
good governance

00:06:13.506 --> 00:06:13.573
happen to Elon. So that is just
good governance from

00:06:13.573 --> 00:06:14.707
happen to Elon. So that is just
good governance from from

00:06:14.707 --> 00:06:14.741
happen to Elon. So that is just
good governance from from our

00:06:14.741 --> 00:06:15.007
good governance from from our

00:06:15.007 --> 00:06:15.074
good governance from from our
perspective.

00:06:15.074 --> 00:06:15.541
good governance from from our
perspective. But

00:06:15.541 --> 00:06:16.109
good governance from from our
perspective. But also

00:06:16.109 --> 00:06:16.142
good governance from from our
perspective. But also when

00:06:16.142 --> 00:06:16.175
good governance from from our
perspective. But also when I

00:06:16.175 --> 00:06:16.309
perspective. But also when I

00:06:16.309 --> 00:06:17.844
perspective. But also when I
speak

00:06:17.844 --> 00:06:18.911
perspective. But also when I
speak to

00:06:18.911 --> 00:06:19.345
perspective. But also when I
speak to shareholders

00:06:19.345 --> 00:06:19.379
perspective. But also when I
speak to shareholders regularly,

00:06:19.379 --> 00:06:19.612
speak to shareholders regularly,

00:06:19.612 --> 00:06:20.046
speak to shareholders regularly,
succession

00:06:20.046 --> 00:06:20.113
speak to shareholders regularly,
succession planning

00:06:20.113 --> 00:06:21.481
speak to shareholders regularly,
succession planning does

00:06:21.481 --> 00:06:21.514
speak to shareholders regularly,
succession planning does come

00:06:21.514 --> 00:06:21.614
succession planning does come

00:06:21.614 --> 00:06:21.681
succession planning does come
up.

00:06:21.681 --> 00:06:22.248
succession planning does come
up. And

00:06:22.248 --> 00:06:22.315
succession planning does come
up. And so

00:06:22.315 --> 00:06:22.382
succession planning does come
up. And so from

00:06:22.382 --> 00:06:23.015
succession planning does come
up. And so from our

00:06:23.015 --> 00:06:23.049
succession planning does come
up. And so from our perspective,

00:06:23.049 --> 00:06:24.016
up. And so from our perspective,

00:06:24.016 --> 00:06:24.050
up. And so from our perspective,
putting

00:06:24.050 --> 00:06:25.118
up. And so from our perspective,
putting a

00:06:25.118 --> 00:06:25.151
up. And so from our perspective,
putting a gate,

00:06:25.151 --> 00:06:25.218
up. And so from our perspective,
putting a gate, if

00:06:25.218 --> 00:06:25.318
up. And so from our perspective,
putting a gate, if you

00:06:25.318 --> 00:06:26.119
up. And so from our perspective,
putting a gate, if you like,

00:06:26.119 --> 00:06:26.152
up. And so from our perspective,
putting a gate, if you like, to

00:06:26.152 --> 00:06:26.252
putting a gate, if you like, to

00:06:26.252 --> 00:06:26.352
putting a gate, if you like, to
the

00:06:26.352 --> 00:06:27.253
putting a gate, if you like, to
the last

00:06:27.253 --> 00:06:27.387
putting a gate, if you like, to
the last two

00:06:27.387 --> 00:06:27.453
putting a gate, if you like, to
the last two tranches

00:06:27.453 --> 00:06:27.987
putting a gate, if you like, to
the last two tranches of

00:06:27.987 --> 00:06:28.054
putting a gate, if you like, to
the last two tranches of the

00:06:28.054 --> 00:06:28.087
putting a gate, if you like, to
the last two tranches of the of

00:06:28.087 --> 00:06:28.187
the last two tranches of the of

00:06:28.187 --> 00:06:29.322
the last two tranches of the of
the

00:06:29.322 --> 00:06:30.089
the last two tranches of the of
the compensation

00:06:30.089 --> 00:06:30.156
the last two tranches of the of
the compensation plan,

00:06:30.156 --> 00:06:30.256
the last two tranches of the of
the compensation plan, the

00:06:30.256 --> 00:06:30.289
the last two tranches of the of
the compensation plan, the 2025

00:06:30.289 --> 00:06:31.224
the compensation plan, the 2025

00:06:31.224 --> 00:06:31.290
the compensation plan, the 2025
compensation

00:06:31.290 --> 00:06:32.358
the compensation plan, the 2025
compensation plan

00:06:32.358 --> 00:06:32.458
the compensation plan, the 2025
compensation plan was

00:06:32.458 --> 00:06:32.492
the compensation plan, the 2025
compensation plan was good

00:06:32.492 --> 00:06:32.992
compensation plan was good

00:06:32.992 --> 00:06:33.059
compensation plan was good
governance,

00:06:33.059 --> 00:06:34.160
compensation plan was good
governance, but

00:06:34.160 --> 00:06:35.228
compensation plan was good
governance, but also

00:06:35.228 --> 00:06:35.261
compensation plan was good
governance, but also telling

00:06:35.261 --> 00:06:35.528
governance, but also telling

00:06:35.528 --> 00:06:35.595
governance, but also telling
shareholders

00:06:35.595 --> 00:06:36.295
governance, but also telling
shareholders that

00:06:36.295 --> 00:06:36.362
governance, but also telling
shareholders that we

00:06:36.362 --> 00:06:36.396
governance, but also telling
shareholders that we are

00:06:36.396 --> 00:06:36.562
shareholders that we are

00:06:36.562 --> 00:06:36.629
shareholders that we are
focused

00:06:36.629 --> 00:06:36.996
shareholders that we are
focused on

00:06:36.996 --> 00:06:37.096
shareholders that we are
focused on it,

00:06:37.096 --> 00:06:37.163
shareholders that we are
focused on it, that

00:06:37.163 --> 00:06:38.731
shareholders that we are
focused on it, that Elon

00:06:38.731 --> 00:06:38.765
shareholders that we are
focused on it, that Elon is

00:06:38.765 --> 00:06:38.931
focused on it, that Elon is

00:06:38.931 --> 00:06:38.998
focused on it, that Elon is
focused

00:06:38.998 --> 00:06:39.232
focused on it, that Elon is
focused on

00:06:39.232 --> 00:06:39.265
focused on it, that Elon is
focused on it.

00:06:39.265 --> 00:06:39.365
focused on it.

00:06:39.365 --> 00:06:39.432
focused on it.
>>

00:06:39.432 --> 00:06:40.233
focused on it.
>> And

00:06:40.233 --> 00:06:40.299
focused on it.
>> And we

00:06:40.299 --> 00:06:40.333
focused on it.
>> And we have

00:06:40.333 --> 00:06:40.400
focused on it.
>> And we have a

00:06:40.400 --> 00:06:41.000
focused on it.
>> And we have a lot

00:06:41.000 --> 00:06:41.100
focused on it.
>> And we have a lot more

00:06:41.100 --> 00:06:41.134
focused on it.
>> And we have a lot more from

00:06:41.134 --> 00:06:41.267
>> And we have a lot more from

00:06:41.267 --> 00:06:42.068
>> And we have a lot more from
that

00:06:42.068 --> 00:06:42.168
>> And we have a lot more from
that interview

00:06:42.168 --> 00:06:42.201
>> And we have a lot more from
that interview still

00:06:42.201 --> 00:06:43.403
>> And we have a lot more from
that interview still to

00:06:43.403 --> 00:06:43.436
>> And we have a lot more from
that interview still to come

00:06:43.436 --> 00:06:43.569
that interview still to come

00:06:43.569 --> 00:06:43.636
that interview still to come
over

00:06:43.636 --> 00:06:44.203
that interview still to come
over the

00:06:44.203 --> 00:06:44.270
that interview still to come
over the next

00:06:44.270 --> 00:06:44.370
that interview still to come
over the next two

00:06:44.370 --> 00:06:44.470
that interview still to come
over the next two hours.

00:06:44.470 --> 00:06:44.504
that interview still to come
over the next two hours. It's

00:06:44.504 --> 00:06:45.371
over the next two hours. It's

00:06:45.371 --> 00:06:45.571
over the next two hours. It's
worth

00:06:45.571 --> 00:06:45.705
over the next two hours. It's
worth mentioning,

00:06:45.705 --> 00:06:46.005
over the next two hours. It's
worth mentioning, though,

00:06:46.005 --> 00:06:46.038
over the next two hours. It's
worth mentioning, though, and

00:06:46.038 --> 00:06:46.172
worth mentioning, though, and

00:06:46.172 --> 00:06:46.339
worth mentioning, though, and
it's

00:06:46.339 --> 00:06:47.473
worth mentioning, though, and
it's something

00:06:47.473 --> 00:06:47.507
worth mentioning, though, and
it's something that

00:06:47.507 --> 00:06:47.673
worth mentioning, though, and
it's something that I

00:06:47.673 --> 00:06:47.707
worth mentioning, though, and
it's something that I discussed

00:06:47.707 --> 00:06:47.840
it's something that I discussed

00:06:47.840 --> 00:06:48.141
it's something that I discussed
with

00:06:48.141 --> 00:06:48.207
it's something that I discussed
with Robin.

00:06:48.207 --> 00:06:49.342
it's something that I discussed
with Robin. You

00:06:49.342 --> 00:06:49.442
it's something that I discussed
with Robin. You know,

00:06:49.442 --> 00:06:49.509
it's something that I discussed
with Robin. You know, there

00:06:49.509 --> 00:06:49.542
it's something that I discussed
with Robin. You know, there are

00:06:49.542 --> 00:06:49.675
with Robin. You know, there are

00:06:49.675 --> 00:06:50.009
with Robin. You know, there are
lots

00:06:50.009 --> 00:06:50.109
with Robin. You know, there are
lots of

00:06:50.109 --> 00:06:50.176
with Robin. You know, there are
lots of CEOs,

00:06:50.176 --> 00:06:50.209
with Robin. You know, there are
lots of CEOs, and

00:06:50.209 --> 00:06:51.077
with Robin. You know, there are
lots of CEOs, and I

00:06:51.077 --> 00:06:51.110
with Robin. You know, there are
lots of CEOs, and I remember

00:06:51.110 --> 00:06:51.277
lots of CEOs, and I remember

00:06:51.277 --> 00:06:51.344
lots of CEOs, and I remember
talking

00:06:51.344 --> 00:06:51.411
lots of CEOs, and I remember
talking to

00:06:51.411 --> 00:06:52.145
lots of CEOs, and I remember
talking to Jeff

00:06:52.145 --> 00:06:52.211
lots of CEOs, and I remember
talking to Jeff Bezos

00:06:52.211 --> 00:06:52.311
lots of CEOs, and I remember
talking to Jeff Bezos last

00:06:52.311 --> 00:06:52.345
lots of CEOs, and I remember
talking to Jeff Bezos last year

00:06:52.345 --> 00:06:52.478
talking to Jeff Bezos last year

00:06:52.478 --> 00:06:53.279
talking to Jeff Bezos last year
about

00:06:53.279 --> 00:06:53.346
talking to Jeff Bezos last year
about this.

00:06:53.346 --> 00:06:53.446
talking to Jeff Bezos last year
about this. You

00:06:53.446 --> 00:06:53.646
talking to Jeff Bezos last year
about this. You could

00:06:53.646 --> 00:06:53.679
talking to Jeff Bezos last year
about this. You could reference

00:06:53.679 --> 00:06:53.980
about this. You could reference

00:06:53.980 --> 00:06:54.080
about this. You could reference
a

00:06:54.080 --> 00:06:54.213
about this. You could reference
a Warren

00:06:54.213 --> 00:06:54.280
about this. You could reference
a Warren Buffett

00:06:54.280 --> 00:06:55.381
about this. You could reference
a Warren Buffett if

00:06:55.381 --> 00:06:55.481
about this. You could reference
a Warren Buffett if you

00:06:55.481 --> 00:06:55.515
about this. You could reference
a Warren Buffett if you like,

00:06:55.515 --> 00:06:55.615
a Warren Buffett if you like,

00:06:55.615 --> 00:06:55.715
a Warren Buffett if you like,
to.

00:06:55.715 --> 00:06:56.048
a Warren Buffett if you like,
to. There

00:06:56.048 --> 00:06:56.082
a Warren Buffett if you like,
to. There are

00:06:56.082 --> 00:06:56.149
a Warren Buffett if you like,
to. There are a

00:06:56.149 --> 00:06:56.182
a Warren Buffett if you like,
to. There are a lot

00:06:56.182 --> 00:06:57.183
a Warren Buffett if you like,
to. There are a lot of

00:06:57.183 --> 00:06:57.250
a Warren Buffett if you like,
to. There are a lot of CEOs

00:06:57.250 --> 00:06:57.283
a Warren Buffett if you like,
to. There are a lot of CEOs who

00:06:57.283 --> 00:06:57.417
to. There are a lot of CEOs who

00:06:57.417 --> 00:06:57.483
to. There are a lot of CEOs who
have,

00:06:57.483 --> 00:06:58.284
to. There are a lot of CEOs who
have, you

00:06:58.284 --> 00:06:58.418
to. There are a lot of CEOs who
have, you know,

00:06:58.418 --> 00:06:58.518
to. There are a lot of CEOs who
have, you know, gotten

00:06:58.518 --> 00:06:58.551
to. There are a lot of CEOs who
have, you know, gotten early

00:06:58.551 --> 00:06:58.718
have, you know, gotten early

00:06:58.718 --> 00:06:58.985
have, you know, gotten early
shares

00:06:58.985 --> 00:06:59.085
have, you know, gotten early
shares in

00:06:59.085 --> 00:06:59.218
have, you know, gotten early
shares in their

00:06:59.218 --> 00:07:00.019
have, you know, gotten early
shares in their company.

00:07:00.019 --> 00:07:00.052
have, you know, gotten early
shares in their company. They

00:07:00.052 --> 00:07:00.153
shares in their company. They

00:07:00.153 --> 00:07:00.219
shares in their company. They
own

00:07:00.219 --> 00:07:00.319
shares in their company. They
own the

00:07:00.319 --> 00:07:01.154
shares in their company. They
own the stake

00:07:01.154 --> 00:07:01.254
shares in their company. They
own the stake in

00:07:01.254 --> 00:07:01.421
shares in their company. They
own the stake in their

00:07:01.421 --> 00:07:01.454
shares in their company. They
own the stake in their company,

00:07:01.454 --> 00:07:01.587
own the stake in their company,

00:07:01.587 --> 00:07:02.188
own the stake in their company,
they

00:07:02.188 --> 00:07:02.255
own the stake in their company,
they hardly

00:07:02.255 --> 00:07:02.455
own the stake in their company,
they hardly paid

00:07:02.455 --> 00:07:02.488
own the stake in their company,
they hardly paid themselves

00:07:02.488 --> 00:07:02.688
they hardly paid themselves

00:07:02.688 --> 00:07:03.656
they hardly paid themselves
anything.

00:07:03.656 --> 00:07:03.723
they hardly paid themselves
anything. And

00:07:03.723 --> 00:07:03.790
they hardly paid themselves
anything. And that

00:07:03.790 --> 00:07:03.856
they hardly paid themselves
anything. And that was

00:07:03.856 --> 00:07:04.390
they hardly paid themselves
anything. And that was it.

00:07:04.390 --> 00:07:04.424
they hardly paid themselves
anything. And that was it. And

00:07:04.424 --> 00:07:04.524
anything. And that was it. And

00:07:04.524 --> 00:07:04.690
anything. And that was it. And
the

00:07:04.690 --> 00:07:05.057
anything. And that was it. And
the incentive

00:07:05.057 --> 00:07:05.124
anything. And that was it. And
the incentive was

00:07:05.124 --> 00:07:06.192
anything. And that was it. And
the incentive was that

00:07:06.192 --> 00:07:06.225
anything. And that was it. And
the incentive was that there

00:07:06.225 --> 00:07:06.359
the incentive was that there

00:07:06.359 --> 00:07:07.226
the incentive was that there
stake

00:07:07.226 --> 00:07:07.293
the incentive was that there
stake in

00:07:07.293 --> 00:07:07.427
the incentive was that there
stake in the

00:07:07.427 --> 00:07:07.527
the incentive was that there
stake in the company

00:07:07.527 --> 00:07:07.560
the incentive was that there
stake in the company would

00:07:07.560 --> 00:07:08.294
stake in the company would

00:07:08.294 --> 00:07:08.327
stake in the company would
continue

00:07:08.327 --> 00:07:08.428
stake in the company would
continue to

00:07:08.428 --> 00:07:08.528
stake in the company would
continue to grow,

00:07:08.528 --> 00:07:09.028
stake in the company would
continue to grow, that

00:07:09.028 --> 00:07:09.061
stake in the company would
continue to grow, that they

00:07:09.061 --> 00:07:09.228
continue to grow, that they

00:07:09.228 --> 00:07:09.295
continue to grow, that they
didn't

00:07:09.295 --> 00:07:10.029
continue to grow, that they
didn't need

00:07:10.029 --> 00:07:11.097
continue to grow, that they
didn't need to

00:07:11.097 --> 00:07:12.331
continue to grow, that they
didn't need to have

00:07:12.331 --> 00:07:12.365
continue to grow, that they
didn't need to have additional

00:07:12.365 --> 00:07:12.565
didn't need to have additional

00:07:12.565 --> 00:07:12.632
didn't need to have additional
incentive

00:07:12.632 --> 00:07:12.698
didn't need to have additional
incentive in

00:07:12.698 --> 00:07:13.032
didn't need to have additional
incentive in this

00:07:13.032 --> 00:07:13.065
didn't need to have additional
incentive in this kind

00:07:13.065 --> 00:07:13.166
didn't need to have additional
incentive in this kind of

00:07:13.166 --> 00:07:13.199
didn't need to have additional
incentive in this kind of way.

00:07:13.199 --> 00:07:14.100
incentive in this kind of way.

00:07:14.100 --> 00:07:14.167
incentive in this kind of way.
Right.

00:07:14.167 --> 00:07:14.233
incentive in this kind of way.
Right. And

00:07:14.233 --> 00:07:15.201
incentive in this kind of way.
Right. And by

00:07:15.201 --> 00:07:15.268
incentive in this kind of way.
Right. And by the

00:07:15.268 --> 00:07:15.401
incentive in this kind of way.
Right. And by the way,

00:07:15.401 --> 00:07:15.435
incentive in this kind of way.
Right. And by the way, that's

00:07:15.435 --> 00:07:16.335
Right. And by the way, that's

00:07:16.335 --> 00:07:16.369
Right. And by the way, that's
what

00:07:16.369 --> 00:07:16.469
Right. And by the way, that's
what a

00:07:16.469 --> 00:07:16.569
Right. And by the way, that's
what a critic

00:07:16.569 --> 00:07:17.036
Right. And by the way, that's
what a critic would

00:07:17.036 --> 00:07:17.170
Right. And by the way, that's
what a critic would say.

00:07:17.170 --> 00:07:17.203
Right. And by the way, that's
what a critic would say. Would

00:07:17.203 --> 00:07:17.336
what a critic would say. Would

00:07:17.336 --> 00:07:18.137
what a critic would say. Would
say,

00:07:18.137 --> 00:07:18.171
what a critic would say. Would
say, what

00:07:18.171 --> 00:07:18.271
what a critic would say. Would
say, what is

00:07:18.271 --> 00:07:18.337
what a critic would say. Would
say, what is what

00:07:18.337 --> 00:07:19.138
what a critic would say. Would
say, what is what does

00:07:19.138 --> 00:07:19.238
what a critic would say. Would
say, what is what does he

00:07:19.238 --> 00:07:19.272
what a critic would say. Would
say, what is what does he need

00:07:19.272 --> 00:07:19.372
say, what is what does he need

00:07:19.372 --> 00:07:19.405
say, what is what does he need
to

00:07:19.405 --> 00:07:20.239
say, what is what does he need
to be

00:07:20.239 --> 00:07:20.373
say, what is what does he need
to be paid

00:07:20.373 --> 00:07:20.473
say, what is what does he need
to be paid anything

00:07:20.473 --> 00:07:20.506
say, what is what does he need
to be paid anything for?

00:07:20.506 --> 00:07:21.240
say, what is what does he need
to be paid anything for? He

00:07:21.240 --> 00:07:21.274
say, what is what does he need
to be paid anything for? He has

00:07:21.274 --> 00:07:21.340
to be paid anything for? He has

00:07:21.340 --> 00:07:21.441
to be paid anything for? He has
a

00:07:21.441 --> 00:07:21.541
to be paid anything for? He has
a huge

00:07:21.541 --> 00:07:22.108
to be paid anything for? He has
a huge stake

00:07:22.108 --> 00:07:22.208
to be paid anything for? He has
a huge stake in

00:07:22.208 --> 00:07:22.375
to be paid anything for? He has
a huge stake in Tesla

00:07:22.375 --> 00:07:22.408
to be paid anything for? He has
a huge stake in Tesla already,

00:07:22.408 --> 00:07:22.508
a huge stake in Tesla already,

00:07:22.508 --> 00:07:23.109
a huge stake in Tesla already,
and

00:07:23.109 --> 00:07:23.209
a huge stake in Tesla already,
and he

00:07:23.209 --> 00:07:23.276
a huge stake in Tesla already,
and he should

00:07:23.276 --> 00:07:23.443
a huge stake in Tesla already,
and he should be

00:07:23.443 --> 00:07:24.177
a huge stake in Tesla already,
and he should be continuing

00:07:24.177 --> 00:07:24.210
a huge stake in Tesla already,
and he should be continuing to

00:07:24.210 --> 00:07:24.343
and he should be continuing to

00:07:24.343 --> 00:07:24.477
and he should be continuing to
work,

00:07:24.477 --> 00:07:24.577
and he should be continuing to
work, because

00:07:24.577 --> 00:07:25.645
and he should be continuing to
work, because that

00:07:25.645 --> 00:07:25.778
and he should be continuing to
work, because that unto

00:07:25.778 --> 00:07:25.812
and he should be continuing to
work, because that unto itself

00:07:25.812 --> 00:07:25.978
work, because that unto itself

00:07:25.978 --> 00:07:26.012
work, because that unto itself
should

00:07:26.012 --> 00:07:26.379
work, because that unto itself
should be

00:07:26.379 --> 00:07:26.546
work, because that unto itself
should be the

00:07:26.546 --> 00:07:26.646
work, because that unto itself
should be the incentive,

00:07:26.646 --> 00:07:26.679
work, because that unto itself
should be the incentive, the

00:07:26.679 --> 00:07:28.114
should be the incentive, the

00:07:28.114 --> 00:07:28.181
should be the incentive, the
challenge.

00:07:28.181 --> 00:07:28.247
should be the incentive, the
challenge. And

00:07:28.247 --> 00:07:28.347
should be the incentive, the
challenge. And I'm

00:07:28.347 --> 00:07:29.182
should be the incentive, the
challenge. And I'm going

00:07:29.182 --> 00:07:29.248
should be the incentive, the
challenge. And I'm going to

00:07:29.248 --> 00:07:29.282
should be the incentive, the
challenge. And I'm going to be

00:07:29.282 --> 00:07:29.515
challenge. And I'm going to be

00:07:29.515 --> 00:07:29.582
challenge. And I'm going to be
sympathetic

00:07:29.582 --> 00:07:30.316
challenge. And I'm going to be
sympathetic to

00:07:30.316 --> 00:07:30.349
challenge. And I'm going to be
sympathetic to Elon

00:07:30.349 --> 00:07:30.450
challenge. And I'm going to be
sympathetic to Elon in

00:07:30.450 --> 00:07:30.483
challenge. And I'm going to be
sympathetic to Elon in this

00:07:30.483 --> 00:07:31.317
sympathetic to Elon in this

00:07:31.317 --> 00:07:32.084
sympathetic to Elon in this
case,

00:07:32.084 --> 00:07:32.118
sympathetic to Elon in this
case, is

00:07:32.118 --> 00:07:32.185
sympathetic to Elon in this
case, is he

00:07:32.185 --> 00:07:32.285
sympathetic to Elon in this
case, is he has

00:07:32.285 --> 00:07:33.085
sympathetic to Elon in this
case, is he has these

00:07:33.085 --> 00:07:34.253
sympathetic to Elon in this
case, is he has these sort

00:07:34.253 --> 00:07:34.287
sympathetic to Elon in this
case, is he has these sort of

00:07:34.287 --> 00:07:34.487
case, is he has these sort of

00:07:34.487 --> 00:07:34.654
case, is he has these sort of
multiple

00:07:34.654 --> 00:07:35.054
case, is he has these sort of
multiple interests,

00:07:35.054 --> 00:07:35.154
case, is he has these sort of
multiple interests, which

00:07:35.154 --> 00:07:35.188
case, is he has these sort of
multiple interests, which we're

00:07:35.188 --> 00:07:35.354
multiple interests, which we're

00:07:35.354 --> 00:07:36.389
multiple interests, which we're
seeing.

00:07:36.389 --> 00:07:36.456
multiple interests, which we're
seeing. Right.

00:07:36.456 --> 00:07:36.522
multiple interests, which we're
seeing. Right. So

00:07:36.522 --> 00:07:37.190
multiple interests, which we're
seeing. Right. So he's

00:07:37.190 --> 00:07:37.223
multiple interests, which we're
seeing. Right. So he's got

00:07:37.223 --> 00:07:37.390
seeing. Right. So he's got

00:07:37.390 --> 00:07:37.457
seeing. Right. So he's got
SpaceX

00:07:37.457 --> 00:07:38.324
seeing. Right. So he's got
SpaceX and

00:07:38.324 --> 00:07:38.391
seeing. Right. So he's got
SpaceX and he's

00:07:38.391 --> 00:07:38.558
seeing. Right. So he's got
SpaceX and he's got

00:07:38.558 --> 00:07:38.591
seeing. Right. So he's got
SpaceX and he's got Neuralink

00:07:38.591 --> 00:07:38.691
SpaceX and he's got Neuralink

00:07:38.691 --> 00:07:39.225
SpaceX and he's got Neuralink
and

00:07:39.225 --> 00:07:39.292
SpaceX and he's got Neuralink
and he's

00:07:39.292 --> 00:07:39.358
SpaceX and he's got Neuralink
and he's got

00:07:39.358 --> 00:07:40.059
SpaceX and he's got Neuralink
and he's got the

00:07:40.059 --> 00:07:40.126
SpaceX and he's got Neuralink
and he's got the boring.

00:07:40.126 --> 00:07:41.727
SpaceX and he's got Neuralink
and he's got the boring. And

00:07:41.727 --> 00:07:41.761
SpaceX and he's got Neuralink
and he's got the boring. And so

00:07:41.761 --> 00:07:41.861
and he's got the boring. And so

00:07:41.861 --> 00:07:41.961
and he's got the boring. And so
the

00:07:41.961 --> 00:07:42.028
and he's got the boring. And so
the board

00:07:42.028 --> 00:07:42.862
and he's got the boring. And so
the board has

00:07:42.862 --> 00:07:42.895
and he's got the boring. And so
the board has sort

00:07:42.895 --> 00:07:42.962
and he's got the boring. And so
the board has sort of

00:07:42.962 --> 00:07:42.995
and he's got the boring. And so
the board has sort of a

00:07:42.995 --> 00:07:43.329
the board has sort of a

00:07:43.329 --> 00:07:44.297
the board has sort of a
different

00:07:44.297 --> 00:07:44.330
the board has sort of a
different situation

00:07:44.330 --> 00:07:44.430
the board has sort of a
different situation on

00:07:44.430 --> 00:07:44.464
the board has sort of a
different situation on its

00:07:44.464 --> 00:07:45.765
different situation on its

00:07:45.765 --> 00:07:45.865
different situation on its
hands,

00:07:45.865 --> 00:07:46.165
different situation on its
hands, which

00:07:46.165 --> 00:07:46.232
different situation on its
hands, which is

00:07:46.232 --> 00:07:46.299
different situation on its
hands, which is and

00:07:46.299 --> 00:07:47.233
different situation on its
hands, which is and and

00:07:47.233 --> 00:07:47.333
different situation on its
hands, which is and and I

00:07:47.333 --> 00:07:47.366
different situation on its
hands, which is and and I asked

00:07:47.366 --> 00:07:47.467
hands, which is and and I asked

00:07:47.467 --> 00:07:47.633
hands, which is and and I asked
her

00:07:47.633 --> 00:07:48.267
hands, which is and and I asked
her directly,

00:07:48.267 --> 00:07:48.367
hands, which is and and I asked
her directly, was

00:07:48.367 --> 00:07:48.434
hands, which is and and I asked
her directly, was there

00:07:48.434 --> 00:07:48.968
hands, which is and and I asked
her directly, was there ever

00:07:48.968 --> 00:07:49.001
hands, which is and and I asked
her directly, was there ever a

00:07:49.001 --> 00:07:49.168
her directly, was there ever a

00:07:49.168 --> 00:07:49.202
her directly, was there ever a
moment

00:07:49.202 --> 00:07:49.302
her directly, was there ever a
moment at

00:07:49.302 --> 00:07:50.069
her directly, was there ever a
moment at which

00:07:50.069 --> 00:07:50.203
her directly, was there ever a
moment at which they

00:07:50.203 --> 00:07:50.236
her directly, was there ever a
moment at which they thought

00:07:50.236 --> 00:07:50.369
moment at which they thought

00:07:50.369 --> 00:07:50.403
moment at which they thought
that

00:07:50.403 --> 00:07:51.571
moment at which they thought
that he

00:07:51.571 --> 00:07:51.671
moment at which they thought
that he would

00:07:51.671 --> 00:07:51.737
moment at which they thought
that he would leave?

00:07:51.737 --> 00:07:52.305
moment at which they thought
that he would leave? And

00:07:52.305 --> 00:07:52.338
moment at which they thought
that he would leave? And I

00:07:52.338 --> 00:07:52.472
that he would leave? And I

00:07:52.472 --> 00:07:52.572
that he would leave? And I
would

00:07:52.572 --> 00:07:52.638
that he would leave? And I
would tease

00:07:52.638 --> 00:07:52.972
that he would leave? And I
would tease you

00:07:52.972 --> 00:07:53.072
that he would leave? And I
would tease you a

00:07:53.072 --> 00:07:53.139
that he would leave? And I
would tease you a little

00:07:53.139 --> 00:07:54.073
that he would leave? And I
would tease you a little bit

00:07:54.073 --> 00:07:54.106
that he would leave? And I
would tease you a little bit to

00:07:54.106 --> 00:07:54.240
would tease you a little bit to

00:07:54.240 --> 00:07:54.340
would tease you a little bit to
stick

00:07:54.340 --> 00:07:55.107
would tease you a little bit to
stick with

00:07:55.107 --> 00:07:55.274
would tease you a little bit to
stick with us

00:07:55.274 --> 00:07:55.374
would tease you a little bit to
stick with us throughout

00:07:55.374 --> 00:07:55.408
would tease you a little bit to
stick with us throughout the

00:07:55.408 --> 00:07:55.641
stick with us throughout the

00:07:55.641 --> 00:07:56.209
stick with us throughout the
broadcast,

00:07:56.209 --> 00:07:56.242
stick with us throughout the
broadcast, because

00:07:56.242 --> 00:07:56.342
stick with us throughout the
broadcast, because I

00:07:56.342 --> 00:07:56.375
stick with us throughout the
broadcast, because I think

00:07:56.375 --> 00:07:56.542
broadcast, because I think

00:07:56.542 --> 00:07:57.109
broadcast, because I think
you're

00:07:57.109 --> 00:07:57.143
broadcast, because I think
you're going

00:07:57.143 --> 00:07:57.243
broadcast, because I think
you're going to

00:07:57.243 --> 00:07:57.276
broadcast, because I think
you're going to want

00:07:57.276 --> 00:07:58.110
broadcast, because I think
you're going to want to

00:07:58.110 --> 00:07:58.144
broadcast, because I think
you're going to want to hear

00:07:58.144 --> 00:07:58.244
you're going to want to hear

00:07:58.244 --> 00:07:58.377
you're going to want to hear
her

00:07:58.377 --> 00:07:58.444
you're going to want to hear
her answer.

00:07:58.444 --> 00:07:59.212
you're going to want to hear
her answer. But

00:07:59.212 --> 00:07:59.245
you're going to want to hear
her answer. But part

00:07:59.245 --> 00:07:59.345
you're going to want to hear
her answer. But part of

00:07:59.345 --> 00:07:59.378
you're going to want to hear
her answer. But part of what

00:07:59.378 --> 00:07:59.479
her answer. But part of what

00:07:59.479 --> 00:08:00.213
her answer. But part of what
the

00:08:00.213 --> 00:08:00.279
her answer. But part of what
the issue

00:08:00.279 --> 00:08:00.346
her answer. But part of what
the issue here

00:08:00.346 --> 00:08:00.480
her answer. But part of what
the issue here is

00:08:00.480 --> 00:08:00.513
her answer. But part of what
the issue here is they're

00:08:00.513 --> 00:08:01.247
the issue here is they're

00:08:01.247 --> 00:08:01.280
the issue here is they're
trying

00:08:01.280 --> 00:08:01.414
the issue here is they're
trying to

00:08:01.414 --> 00:08:01.481
the issue here is they're
trying to figure

00:08:01.481 --> 00:08:02.014
the issue here is they're
trying to figure out

00:08:02.014 --> 00:08:02.081
the issue here is they're
trying to figure out a

00:08:02.081 --> 00:08:02.148
the issue here is they're
trying to figure out a way

00:08:02.148 --> 00:08:02.181
the issue here is they're
trying to figure out a way to

00:08:02.181 --> 00:08:02.281
trying to figure out a way to

00:08:02.281 --> 00:08:03.449
trying to figure out a way to
how

00:08:03.449 --> 00:08:03.516
trying to figure out a way to
how do

00:08:03.516 --> 00:08:03.583
trying to figure out a way to
how do you

00:08:03.583 --> 00:08:03.683
trying to figure out a way to
how do you make

00:08:03.683 --> 00:08:04.584
trying to figure out a way to
how do you make sure

00:08:04.584 --> 00:08:04.650
trying to figure out a way to
how do you make sure this

00:08:04.650 --> 00:08:04.684
trying to figure out a way to
how do you make sure this guy

00:08:04.684 --> 00:08:04.784
how do you make sure this guy

00:08:04.784 --> 00:08:04.917
how do you make sure this guy
is

00:08:04.917 --> 00:08:05.251
how do you make sure this guy
is focused

00:08:05.251 --> 00:08:05.284
how do you make sure this guy
is focused squarely

00:08:05.284 --> 00:08:05.418
how do you make sure this guy
is focused squarely on

00:08:05.418 --> 00:08:05.451
how do you make sure this guy
is focused squarely on Tesla,

00:08:05.451 --> 00:08:05.551
is focused squarely on Tesla,

00:08:05.551 --> 00:08:06.018
is focused squarely on Tesla,
and

00:08:06.018 --> 00:08:06.118
is focused squarely on Tesla,
and they're

00:08:06.118 --> 00:08:06.185
is focused squarely on Tesla,
and they're trying

00:08:06.185 --> 00:08:06.219
is focused squarely on Tesla,
and they're trying to

00:08:06.219 --> 00:08:06.986
is focused squarely on Tesla,
and they're trying to do

00:08:06.986 --> 00:08:07.053
is focused squarely on Tesla,
and they're trying to do it

00:08:07.053 --> 00:08:07.086
is focused squarely on Tesla,
and they're trying to do it in

00:08:07.086 --> 00:08:07.153
and they're trying to do it in

00:08:07.153 --> 00:08:07.286
and they're trying to do it in
a

00:08:07.286 --> 00:08:08.120
and they're trying to do it in
a almost

00:08:08.120 --> 00:08:08.187
and they're trying to do it in
a almost incentive

00:08:08.187 --> 00:08:08.254
and they're trying to do it in
a almost incentive way,

00:08:08.254 --> 00:08:08.287
and they're trying to do it in
a almost incentive way, as

00:08:08.287 --> 00:08:08.454
a almost incentive way, as

00:08:08.454 --> 00:08:09.255
a almost incentive way, as
opposed

00:08:09.255 --> 00:08:09.288
a almost incentive way, as
opposed to

00:08:09.288 --> 00:08:09.355
a almost incentive way, as
opposed to a

00:08:09.355 --> 00:08:09.455
a almost incentive way, as
opposed to a some

00:08:09.455 --> 00:08:10.289
a almost incentive way, as
opposed to a some kind

00:08:10.289 --> 00:08:10.323
a almost incentive way, as
opposed to a some kind of

00:08:10.323 --> 00:08:10.556
opposed to a some kind of

00:08:10.556 --> 00:08:10.623
opposed to a some kind of
contractual

00:08:10.623 --> 00:08:11.824
opposed to a some kind of
contractual way

00:08:11.824 --> 00:08:11.991
opposed to a some kind of
contractual way or

00:08:11.991 --> 00:08:12.024
opposed to a some kind of
contractual way or something

00:08:12.024 --> 00:08:12.158
contractual way or something

00:08:12.158 --> 00:08:12.325
contractual way or something
else.

00:08:12.325 --> 00:08:13.125
contractual way or something
else. There's

00:08:13.125 --> 00:08:13.192
contractual way or something
else. There's also

00:08:13.192 --> 00:08:13.292
contractual way or something
else. There's also one

00:08:13.292 --> 00:08:13.326
contractual way or something
else. There's also one other

00:08:13.326 --> 00:08:13.493
else. There's also one other

00:08:13.493 --> 00:08:14.293
else. There's also one other
piece,

00:08:14.293 --> 00:08:14.327
else. There's also one other
piece, and.

00:08:14.327 --> 00:08:14.427
piece, and.

00:08:14.427 --> 00:08:14.460
piece, and.
>>

00:08:14.460 --> 00:08:14.560
piece, and.
>> It

00:08:14.560 --> 00:08:15.027
piece, and.
>> It feels

00:08:15.027 --> 00:08:15.127
piece, and.
>> It feels contractual.

00:08:15.127 --> 00:08:15.161
piece, and.
>> It feels contractual. This

00:08:15.161 --> 00:08:15.261
>> It feels contractual. This

00:08:15.261 --> 00:08:15.361
>> It feels contractual. This
is

00:08:15.361 --> 00:08:16.062
>> It feels contractual. This
is you're

00:08:16.062 --> 00:08:16.162
>> It feels contractual. This
is you're not

00:08:16.162 --> 00:08:16.195
>> It feels contractual. This
is you're not going

00:08:16.195 --> 00:08:16.262
>> It feels contractual. This
is you're not going to

00:08:16.262 --> 00:08:17.096
>> It feels contractual. This
is you're not going to get

00:08:17.096 --> 00:08:17.129
>> It feels contractual. This
is you're not going to get paid

00:08:17.129 --> 00:08:17.263
is you're not going to get paid

00:08:17.263 --> 00:08:17.330
is you're not going to get paid
these

00:08:17.330 --> 00:08:17.463
is you're not going to get paid
these big

00:08:17.463 --> 00:08:18.197
is you're not going to get paid
these big payouts

00:08:18.197 --> 00:08:18.264
is you're not going to get paid
these big payouts unless

00:08:18.264 --> 00:08:18.297
is you're not going to get paid
these big payouts unless you

00:08:18.297 --> 00:08:18.431
these big payouts unless you

00:08:18.431 --> 00:08:18.598
these big payouts unless you
stick

00:08:18.598 --> 00:08:18.631
these big payouts unless you
stick around.

00:08:18.631 --> 00:08:19.332
stick around.

00:08:19.332 --> 00:08:19.398
stick around.
>>

00:08:19.398 --> 00:08:19.465
stick around.
>> This

00:08:19.465 --> 00:08:19.499
stick around.
>> This is

00:08:19.499 --> 00:08:20.433
stick around.
>> This is as

00:08:20.433 --> 00:08:20.466
stick around.
>> This is as as

00:08:20.466 --> 00:08:20.566
stick around.
>> This is as as we

00:08:20.566 --> 00:08:20.666
stick around.
>> This is as as we said,

00:08:20.666 --> 00:08:20.700
stick around.
>> This is as as we said, this

00:08:20.700 --> 00:08:21.100
>> This is as as we said, this

00:08:21.100 --> 00:08:21.133
>> This is as as we said, this
is

00:08:21.133 --> 00:08:21.200
>> This is as as we said, this
is as

00:08:21.200 --> 00:08:21.267
>> This is as as we said, this
is as pay

00:08:21.267 --> 00:08:22.201
>> This is as as we said, this
is as pay for

00:08:22.201 --> 00:08:22.235
>> This is as as we said, this
is as pay for performance

00:08:22.235 --> 00:08:22.301
>> This is as as we said, this
is as pay for performance in

00:08:22.301 --> 00:08:22.335
>> This is as as we said, this
is as pay for performance in my

00:08:22.335 --> 00:08:22.468
is as pay for performance in my

00:08:22.468 --> 00:08:23.236
is as pay for performance in my
mind

00:08:23.236 --> 00:08:23.302
is as pay for performance in my
mind as,

00:08:23.302 --> 00:08:23.336
is as pay for performance in my
mind as, as

00:08:23.336 --> 00:08:23.469
is as pay for performance in my
mind as, as it

00:08:23.469 --> 00:08:24.237
is as pay for performance in my
mind as, as it comes.

00:08:24.237 --> 00:08:24.270
is as pay for performance in my
mind as, as it comes. Having

00:08:24.270 --> 00:08:24.403
mind as, as it comes. Having

00:08:24.403 --> 00:08:24.504
mind as, as it comes. Having
said

00:08:24.504 --> 00:08:24.670
mind as, as it comes. Having
said that,

00:08:24.670 --> 00:08:25.571
mind as, as it comes. Having
said that, obviously

00:08:25.571 --> 00:08:25.671
mind as, as it comes. Having
said that, obviously a

00:08:25.671 --> 00:08:25.705
mind as, as it comes. Having
said that, obviously a judge

00:08:25.705 --> 00:08:25.872
said that, obviously a judge

00:08:25.872 --> 00:08:25.938
said that, obviously a judge
didn't

00:08:25.938 --> 00:08:26.639
said that, obviously a judge
didn't like

00:08:26.639 --> 00:08:26.706
said that, obviously a judge
didn't like the

00:08:26.706 --> 00:08:26.772
said that, obviously a judge
didn't like the way

00:08:26.772 --> 00:08:26.873
said that, obviously a judge
didn't like the way this

00:08:26.873 --> 00:08:26.906
said that, obviously a judge
didn't like the way this was

00:08:26.906 --> 00:08:27.640
didn't like the way this was

00:08:27.640 --> 00:08:27.673
didn't like the way this was
set

00:08:27.673 --> 00:08:27.773
didn't like the way this was
set up

00:08:27.773 --> 00:08:27.807
didn't like the way this was
set up back

00:08:27.807 --> 00:08:28.274
didn't like the way this was
set up back in

00:08:28.274 --> 00:08:28.341
didn't like the way this was
set up back in 2018.

00:08:28.341 --> 00:08:28.407
didn't like the way this was
set up back in 2018. The

00:08:28.407 --> 00:08:29.275
didn't like the way this was
set up back in 2018. The law

00:08:29.275 --> 00:08:29.308
didn't like the way this was
set up back in 2018. The law in

00:08:29.308 --> 00:08:29.509
set up back in 2018. The law in

00:08:29.509 --> 00:08:29.575
set up back in 2018. The law in
Delaware

00:08:29.575 --> 00:08:29.675
set up back in 2018. The law in
Delaware has

00:08:29.675 --> 00:08:30.409
set up back in 2018. The law in
Delaware has since

00:08:30.409 --> 00:08:30.443
set up back in 2018. The law in
Delaware has since changed.

00:08:30.443 --> 00:08:30.610
Delaware has since changed.

00:08:30.610 --> 00:08:30.776
Delaware has since changed.
Texas,

00:08:30.776 --> 00:08:31.043
Delaware has since changed.
Texas, obviously,

00:08:31.043 --> 00:08:31.143
Delaware has since changed.
Texas, obviously, I

00:08:31.143 --> 00:08:31.244
Delaware has since changed.
Texas, obviously, I think

00:08:31.244 --> 00:08:31.277
Delaware has since changed.
Texas, obviously, I think would

00:08:31.277 --> 00:08:32.512
Texas, obviously, I think would

00:08:32.512 --> 00:08:32.578
Texas, obviously, I think would
be

00:08:32.578 --> 00:08:32.745
Texas, obviously, I think would
be more

00:08:32.745 --> 00:08:32.879
Texas, obviously, I think would
be more favorable

00:08:32.879 --> 00:08:33.246
Texas, obviously, I think would
be more favorable towards

00:08:33.246 --> 00:08:33.279
Texas, obviously, I think would
be more favorable towards this

00:08:33.279 --> 00:08:33.479
be more favorable towards this

00:08:33.479 --> 00:08:33.513
be more favorable towards this
anyway.

00:08:33.513 --> 00:08:33.613
anyway.

00:08:33.613 --> 00:08:33.980
anyway.
>>

00:08:33.980 --> 00:08:34.046
anyway.
>> I'm

00:08:34.046 --> 00:08:34.247
anyway.
>> I'm not

00:08:34.247 --> 00:08:35.114
anyway.
>> I'm not sympathetic

00:08:35.114 --> 00:08:35.181
anyway.
>> I'm not sympathetic to

00:08:35.181 --> 00:08:35.214
anyway.
>> I'm not sympathetic to the

00:08:35.214 --> 00:08:35.348
>> I'm not sympathetic to the

00:08:35.348 --> 00:08:35.414
>> I'm not sympathetic to the
judge

00:08:35.414 --> 00:08:36.148
>> I'm not sympathetic to the
judge in

00:08:36.148 --> 00:08:36.215
>> I'm not sympathetic to the
judge in Delaware,

00:08:36.215 --> 00:08:36.249
>> I'm not sympathetic to the
judge in Delaware, so

00:08:36.249 --> 00:08:37.216
>> I'm not sympathetic to the
judge in Delaware, so I

00:08:37.216 --> 00:08:37.250
>> I'm not sympathetic to the
judge in Delaware, so I think

00:08:37.250 --> 00:08:37.517
judge in Delaware, so I think

00:08:37.517 --> 00:08:37.583
judge in Delaware, so I think
shareholders

00:08:37.583 --> 00:08:37.717
judge in Delaware, so I think
shareholders have

00:08:37.717 --> 00:08:37.984
judge in Delaware, so I think
shareholders have spoken

00:08:37.984 --> 00:08:38.017
judge in Delaware, so I think
shareholders have spoken pretty

00:08:38.017 --> 00:08:38.184
shareholders have spoken pretty

00:08:38.184 --> 00:08:38.284
shareholders have spoken pretty
clearly

00:08:38.284 --> 00:08:38.351
shareholders have spoken pretty
clearly that

00:08:38.351 --> 00:08:39.051
shareholders have spoken pretty
clearly that they

00:08:39.051 --> 00:08:39.151
shareholders have spoken pretty
clearly that they want

00:08:39.151 --> 00:08:39.185
shareholders have spoken pretty
clearly that they want Elon

00:08:39.185 --> 00:08:39.352
clearly that they want Elon

00:08:39.352 --> 00:08:40.019
clearly that they want Elon
around.

00:08:40.019 --> 00:08:40.086
clearly that they want Elon
around. They

00:08:40.086 --> 00:08:40.152
clearly that they want Elon
around. They want

00:08:40.152 --> 00:08:40.219
clearly that they want Elon
around. They want him

00:08:40.219 --> 00:08:41.554
clearly that they want Elon
around. They want him in

00:08:41.554 --> 00:08:41.587
clearly that they want Elon
around. They want him in this

00:08:41.587 --> 00:08:41.754
around. They want him in this

00:08:41.754 --> 00:08:41.821
around. They want him in this
manner.

00:08:41.821 --> 00:08:41.854
around. They want him in this
manner. And

00:08:41.854 --> 00:08:42.188
around. They want him in this
manner. And I

00:08:42.188 --> 00:08:42.255
around. They want him in this
manner. And I think

00:08:42.255 --> 00:08:42.288
around. They want him in this
manner. And I think the

00:08:42.288 --> 00:08:42.488
manner. And I think the

00:08:42.488 --> 00:08:42.588
manner. And I think the
Delaware

00:08:42.588 --> 00:08:43.222
manner. And I think the
Delaware court

00:08:43.222 --> 00:08:43.289
manner. And I think the
Delaware court has

00:08:43.289 --> 00:08:44.457
manner. And I think the
Delaware court has done

00:08:44.457 --> 00:08:44.490
manner. And I think the
Delaware court has done a

00:08:44.490 --> 00:08:44.724
Delaware court has done a

00:08:44.724 --> 00:08:44.757
Delaware court has done a
disservice

00:08:44.757 --> 00:08:44.891
Delaware court has done a
disservice to

00:08:44.891 --> 00:08:44.924
Delaware court has done a
disservice to those

00:08:44.924 --> 00:08:46.225
disservice to those

00:08:46.225 --> 00:08:46.359
disservice to those
shareholders.

00:08:46.359 --> 00:08:46.459
disservice to those
shareholders. However,

00:08:46.459 --> 00:08:47.326
disservice to those
shareholders. However, what

00:08:47.326 --> 00:08:47.360
disservice to those
shareholders. However, what you

00:08:47.360 --> 00:08:47.493
shareholders. However, what you

00:08:47.493 --> 00:08:47.627
shareholders. However, what you
just

00:08:47.627 --> 00:08:47.660
shareholders. However, what you
just brought

00:08:47.660 --> 00:08:48.060
shareholders. However, what you
just brought up

00:08:48.060 --> 00:08:48.160
shareholders. However, what you
just brought up is

00:08:48.160 --> 00:08:48.227
shareholders. However, what you
just brought up is making

00:08:48.227 --> 00:08:48.261
shareholders. However, what you
just brought up is making me

00:08:48.261 --> 00:08:48.394
just brought up is making me

00:08:48.394 --> 00:08:49.061
just brought up is making me
think

00:08:49.061 --> 00:08:49.228
just brought up is making me
think about

00:08:49.228 --> 00:08:49.295
just brought up is making me
think about something,

00:08:49.295 --> 00:08:49.395
just brought up is making me
think about something, and

00:08:49.395 --> 00:08:49.428
just brought up is making me
think about something, and I'm

00:08:49.428 --> 00:08:50.162
think about something, and I'm

00:08:50.162 --> 00:08:50.196
think about something, and I'm
kind

00:08:50.196 --> 00:08:50.363
think about something, and I'm
kind of

00:08:50.363 --> 00:08:50.429
think about something, and I'm
kind of thinking

00:08:50.429 --> 00:08:51.230
think about something, and I'm
kind of thinking this

00:08:51.230 --> 00:08:51.264
think about something, and I'm
kind of thinking this through

00:08:51.264 --> 00:08:51.364
kind of thinking this through

00:08:51.364 --> 00:08:51.464
kind of thinking this through
as

00:08:51.464 --> 00:08:51.597
kind of thinking this through
as you're

00:08:51.597 --> 00:08:52.565
kind of thinking this through
as you're saying

00:08:52.565 --> 00:08:52.598
kind of thinking this through
as you're saying it.

00:08:52.598 --> 00:08:52.732
kind of thinking this through
as you're saying it. I

00:08:52.732 --> 00:08:52.765
kind of thinking this through
as you're saying it. I mean,

00:08:52.765 --> 00:08:53.032
as you're saying it. I mean,

00:08:53.032 --> 00:08:53.065
as you're saying it. I mean,
what

00:08:53.065 --> 00:08:53.165
as you're saying it. I mean,
what if

00:08:53.165 --> 00:08:53.266
as you're saying it. I mean,
what if Jeff

00:08:53.266 --> 00:08:54.166
as you're saying it. I mean,
what if Jeff Bezos

00:08:54.166 --> 00:08:54.233
as you're saying it. I mean,
what if Jeff Bezos had

00:08:54.233 --> 00:08:54.333
as you're saying it. I mean,
what if Jeff Bezos had gone

00:08:54.333 --> 00:08:54.367
as you're saying it. I mean,
what if Jeff Bezos had gone off

00:08:54.367 --> 00:08:55.501
what if Jeff Bezos had gone off

00:08:55.501 --> 00:08:55.635
what if Jeff Bezos had gone off
and

00:08:55.635 --> 00:08:55.735
what if Jeff Bezos had gone off
and started

00:08:55.735 --> 00:08:55.801
what if Jeff Bezos had gone off
and started Amazon

00:08:55.801 --> 00:08:56.235
what if Jeff Bezos had gone off
and started Amazon Web

00:08:56.235 --> 00:08:56.269
what if Jeff Bezos had gone off
and started Amazon Web Services

00:08:56.269 --> 00:08:56.369
and started Amazon Web Services

00:08:56.369 --> 00:08:56.402
and started Amazon Web Services
as

00:08:56.402 --> 00:08:56.969
and started Amazon Web Services
as a

00:08:56.969 --> 00:08:57.103
and started Amazon Web Services
as a separate

00:08:57.103 --> 00:08:57.169
and started Amazon Web Services
as a separate company

00:08:57.169 --> 00:08:58.437
and started Amazon Web Services
as a separate company and

00:08:58.437 --> 00:08:58.471
and started Amazon Web Services
as a separate company and not

00:08:58.471 --> 00:08:58.604
as a separate company and not

00:08:58.604 --> 00:08:58.704
as a separate company and not
built

00:08:58.704 --> 00:08:58.771
as a separate company and not
built that

00:08:58.771 --> 00:08:59.205
as a separate company and not
built that into

00:08:59.205 --> 00:08:59.238
as a separate company and not
built that into Amazon?

00:08:59.238 --> 00:08:59.338
built that into Amazon?

00:08:59.338 --> 00:08:59.438
built that into Amazon?
>>

00:08:59.438 --> 00:08:59.472
built that into Amazon?
>> Well.

00:08:59.472 --> 00:08:59.572
>> Well.

00:08:59.572 --> 00:09:00.239
>> Well.
>>

00:09:00.239 --> 00:09:00.306
>> Well.
>> This

00:09:00.306 --> 00:09:00.373
>> Well.
>> This what

00:09:00.373 --> 00:09:00.439
>> Well.
>> This what if,

00:09:00.439 --> 00:09:01.307
>> Well.
>> This what if, you

00:09:01.307 --> 00:09:01.407
>> Well.
>> This what if, you know,

00:09:01.407 --> 00:09:01.440
>> Well.
>> This what if, you know, you

00:09:01.440 --> 00:09:01.574
>> This what if, you know, you

00:09:01.574 --> 00:09:02.008
>> This what if, you know, you
think

00:09:02.008 --> 00:09:02.074
>> This what if, you know, you
think about

00:09:02.074 --> 00:09:02.141
>> This what if, you know, you
think about what

00:09:02.141 --> 00:09:03.075
>> This what if, you know, you
think about what if

00:09:03.075 --> 00:09:03.109
>> This what if, you know, you
think about what if Warren

00:09:03.109 --> 00:09:03.276
think about what if Warren

00:09:03.276 --> 00:09:03.342
think about what if Warren
Buffett

00:09:03.342 --> 00:09:04.577
think about what if Warren
Buffett had

00:09:04.577 --> 00:09:04.677
think about what if Warren
Buffett had taken

00:09:04.677 --> 00:09:04.777
think about what if Warren
Buffett had taken every

00:09:04.777 --> 00:09:04.810
think about what if Warren
Buffett had taken every major

00:09:04.810 --> 00:09:05.278
Buffett had taken every major

00:09:05.278 --> 00:09:05.311
Buffett had taken every major
acquisition

00:09:05.311 --> 00:09:05.478
Buffett had taken every major
acquisition he

00:09:05.478 --> 00:09:05.578
Buffett had taken every major
acquisition he purchased

00:09:05.578 --> 00:09:05.611
Buffett had taken every major
acquisition he purchased and

00:09:05.611 --> 00:09:05.978
acquisition he purchased and

00:09:05.978 --> 00:09:06.012
acquisition he purchased and
turned

00:09:06.012 --> 00:09:06.112
acquisition he purchased and
turned it

00:09:06.112 --> 00:09:07.747
acquisition he purchased and
turned it into

00:09:07.747 --> 00:09:07.914
acquisition he purchased and
turned it into a

00:09:07.914 --> 00:09:07.947
acquisition he purchased and
turned it into a separate

00:09:07.947 --> 00:09:08.180
turned it into a separate

00:09:08.180 --> 00:09:08.281
turned it into a separate
company,

00:09:08.281 --> 00:09:08.314
turned it into a separate
company, which

00:09:08.314 --> 00:09:09.215
turned it into a separate
company, which is

00:09:09.215 --> 00:09:09.282
turned it into a separate
company, which is a

00:09:09.282 --> 00:09:09.348
turned it into a separate
company, which is a it's

00:09:09.348 --> 00:09:09.382
turned it into a separate
company, which is a it's a

00:09:09.382 --> 00:09:10.116
company, which is a it's a

00:09:10.116 --> 00:09:10.216
company, which is a it's a
different

00:09:10.216 --> 00:09:10.249
company, which is a it's a
different thing

00:09:10.249 --> 00:09:10.316
company, which is a it's a
different thing to

00:09:10.316 --> 00:09:11.017
company, which is a it's a
different thing to try

00:09:11.017 --> 00:09:11.117
company, which is a it's a
different thing to try and

00:09:11.117 --> 00:09:11.150
company, which is a it's a
different thing to try and keep

00:09:11.150 --> 00:09:11.250
different thing to try and keep

00:09:11.250 --> 00:09:11.417
different thing to try and keep
the

00:09:11.417 --> 00:09:12.118
different thing to try and keep
the attention

00:09:12.118 --> 00:09:12.251
different thing to try and keep
the attention of

00:09:12.251 --> 00:09:12.351
different thing to try and keep
the attention of someone

00:09:12.351 --> 00:09:12.385
different thing to try and keep
the attention of someone who's

00:09:12.385 --> 00:09:13.219
the attention of someone who's

00:09:13.219 --> 00:09:13.286
the attention of someone who's
basically

00:09:13.286 --> 00:09:13.419
the attention of someone who's
basically like

00:09:13.419 --> 00:09:13.486
the attention of someone who's
basically like A.D.D.

00:09:13.486 --> 00:09:14.387
the attention of someone who's
basically like A.D.D. who

00:09:14.387 --> 00:09:14.420
the attention of someone who's
basically like A.D.D. who goes

00:09:14.420 --> 00:09:14.520
basically like A.D.D. who goes

00:09:14.520 --> 00:09:14.587
basically like A.D.D. who goes
off

00:09:14.587 --> 00:09:14.687
basically like A.D.D. who goes
off and

00:09:14.687 --> 00:09:15.388
basically like A.D.D. who goes
off and does

00:09:15.388 --> 00:09:15.521
basically like A.D.D. who goes
off and does different

00:09:15.521 --> 00:09:15.555
basically like A.D.D. who goes
off and does different things

00:09:15.555 --> 00:09:15.655
off and does different things

00:09:15.655 --> 00:09:15.855
off and does different things
and

00:09:15.855 --> 00:09:16.489
off and does different things
and everything

00:09:16.489 --> 00:09:16.589
off and does different things
and everything Elon

00:09:16.589 --> 00:09:16.656
off and does different things
and everything Elon does.

00:09:16.656 --> 00:09:16.689
off and does different things
and everything Elon does. I'm

00:09:16.689 --> 00:09:17.123
and everything Elon does. I'm

00:09:17.123 --> 00:09:17.156
and everything Elon does. I'm
I'm

00:09:17.156 --> 00:09:17.223
and everything Elon does. I'm
I'm a

00:09:17.223 --> 00:09:17.256
and everything Elon does. I'm
I'm a fan

00:09:17.256 --> 00:09:18.257
and everything Elon does. I'm
I'm a fan of

00:09:18.257 --> 00:09:18.357
and everything Elon does. I'm
I'm a fan of all

00:09:18.357 --> 00:09:18.391
and everything Elon does. I'm
I'm a fan of all these

00:09:18.391 --> 00:09:18.624
I'm a fan of all these

00:09:18.624 --> 00:09:18.691
I'm a fan of all these
businesses

00:09:18.691 --> 00:09:19.292
I'm a fan of all these
businesses that

00:09:19.292 --> 00:09:19.392
I'm a fan of all these
businesses that he's

00:09:19.392 --> 00:09:19.458
I'm a fan of all these
businesses that he's built.

00:09:19.458 --> 00:09:19.492
I'm a fan of all these
businesses that he's built. I

00:09:19.492 --> 00:09:19.625
businesses that he's built. I

00:09:19.625 --> 00:09:20.393
businesses that he's built. I
think

00:09:20.393 --> 00:09:20.493
businesses that he's built. I
think the

00:09:20.493 --> 00:09:20.560
businesses that he's built. I
think the stuff

00:09:20.560 --> 00:09:20.660
businesses that he's built. I
think the stuff that

00:09:20.660 --> 00:09:21.160
businesses that he's built. I
think the stuff that he's

00:09:21.160 --> 00:09:21.193
businesses that he's built. I
think the stuff that he's done

00:09:21.193 --> 00:09:21.294
think the stuff that he's done

00:09:21.294 --> 00:09:22.194
think the stuff that he's done
is

00:09:22.194 --> 00:09:22.428
think the stuff that he's done
is beyond

00:09:22.428 --> 00:09:22.461
think the stuff that he's done
is beyond unbelievable.

00:09:22.461 --> 00:09:22.562
is beyond unbelievable.

00:09:22.562 --> 00:09:22.995
is beyond unbelievable.
>>

00:09:22.995 --> 00:09:23.029
is beyond unbelievable.
>> That's

00:09:23.029 --> 00:09:23.095
is beyond unbelievable.
>> That's a

00:09:23.095 --> 00:09:24.363
is beyond unbelievable.
>> That's a nice

00:09:24.363 --> 00:09:24.397
is beyond unbelievable.
>> That's a nice segue

00:09:24.397 --> 00:09:24.497
is beyond unbelievable.
>> That's a nice segue to

00:09:24.497 --> 00:09:24.530
is beyond unbelievable.
>> That's a nice segue to the

00:09:24.530 --> 00:09:24.664
>> That's a nice segue to the

00:09:24.664 --> 00:09:25.131
>> That's a nice segue to the
other

00:09:25.131 --> 00:09:25.164
>> That's a nice segue to the
other piece

00:09:25.164 --> 00:09:25.331
>> That's a nice segue to the
other piece of

00:09:25.331 --> 00:09:25.431
>> That's a nice segue to the
other piece of breaking

00:09:25.431 --> 00:09:25.464
>> That's a nice segue to the
other piece of breaking news

00:09:25.464 --> 00:09:26.098
other piece of breaking news

00:09:26.098 --> 00:09:26.232
other piece of breaking news
this

00:09:26.232 --> 00:09:26.332
other piece of breaking news
this morning,

00:09:26.332 --> 00:09:26.399
other piece of breaking news
this morning, which

00:09:26.399 --> 00:09:27.633
other piece of breaking news
this morning, which is

00:09:27.633 --> 00:09:27.667
other piece of breaking news
this morning, which is that

00:09:27.667 --> 00:09:27.800
this morning, which is that

00:09:27.800 --> 00:09:27.833
this morning, which is that
when

00:09:27.833 --> 00:09:27.900
this morning, which is that
when if

00:09:27.900 --> 00:09:28.267
this morning, which is that
when if you

00:09:28.267 --> 00:09:28.301
this morning, which is that
when if you look

00:09:28.301 --> 00:09:28.367
this morning, which is that
when if you look in

00:09:28.367 --> 00:09:28.501
this morning, which is that
when if you look in the

00:09:28.501 --> 00:09:28.534
this morning, which is that
when if you look in the proxy,

00:09:28.534 --> 00:09:29.035
when if you look in the proxy,

00:09:29.035 --> 00:09:29.068
when if you look in the proxy,
there's

00:09:29.068 --> 00:09:29.268
when if you look in the proxy,
there's a

00:09:29.268 --> 00:09:30.469
when if you look in the proxy,
there's a shareholder

00:09:30.469 --> 00:09:30.503
when if you look in the proxy,
there's a shareholder proposal

00:09:30.503 --> 00:09:30.636
there's a shareholder proposal

00:09:30.636 --> 00:09:30.770
there's a shareholder proposal
this

00:09:30.770 --> 00:09:31.203
there's a shareholder proposal
this morning

00:09:31.203 --> 00:09:31.270
there's a shareholder proposal
this morning that

00:09:31.270 --> 00:09:31.370
there's a shareholder proposal
this morning that has

00:09:31.370 --> 00:09:31.404
there's a shareholder proposal
this morning that has been

00:09:31.404 --> 00:09:32.271
this morning that has been

00:09:32.271 --> 00:09:32.305
this morning that has been
included

00:09:32.305 --> 00:09:32.371
this morning that has been
included in

00:09:32.371 --> 00:09:32.471
this morning that has been
included in the

00:09:32.471 --> 00:09:33.005
this morning that has been
included in the proxy

00:09:33.005 --> 00:09:33.105
this morning that has been
included in the proxy this

00:09:33.105 --> 00:09:33.139
this morning that has been
included in the proxy this year.

00:09:33.139 --> 00:09:33.239
included in the proxy this year.

00:09:33.239 --> 00:09:34.040
included in the proxy this year.
So

00:09:34.040 --> 00:09:34.106
included in the proxy this year.
So shareholders

00:09:34.106 --> 00:09:34.273
included in the proxy this year.
So shareholders will

00:09:34.273 --> 00:09:34.307
included in the proxy this year.
So shareholders will actually

00:09:34.307 --> 00:09:34.440
So shareholders will actually

00:09:34.440 --> 00:09:35.074
So shareholders will actually
vote

00:09:35.074 --> 00:09:36.208
So shareholders will actually
vote on

00:09:36.208 --> 00:09:36.409
So shareholders will actually
vote on it

00:09:36.409 --> 00:09:37.677
So shareholders will actually
vote on it effectively

00:09:37.677 --> 00:09:37.710
So shareholders will actually
vote on it effectively for

00:09:37.710 --> 00:09:37.843
vote on it effectively for

00:09:37.843 --> 00:09:37.977
vote on it effectively for
Tesla

00:09:37.977 --> 00:09:39.478
vote on it effectively for
Tesla to

00:09:39.478 --> 00:09:39.512
vote on it effectively for
Tesla to take

00:09:39.512 --> 00:09:39.712
vote on it effectively for
Tesla to take an

00:09:39.712 --> 00:09:39.745
vote on it effectively for
Tesla to take an investment

00:09:39.745 --> 00:09:40.179
Tesla to take an investment

00:09:40.179 --> 00:09:41.347
Tesla to take an investment
stake

00:09:41.347 --> 00:09:41.414
Tesla to take an investment
stake in

00:09:41.414 --> 00:09:41.981
Tesla to take an investment
stake in XRP.

00:09:41.981 --> 00:09:42.048
Tesla to take an investment
stake in XRP. So

00:09:42.048 --> 00:09:42.148
Tesla to take an investment
stake in XRP. So this

00:09:42.148 --> 00:09:43.049
Tesla to take an investment
stake in XRP. So this goes

00:09:43.049 --> 00:09:43.082
Tesla to take an investment
stake in XRP. So this goes to

00:09:43.082 --> 00:09:43.182
stake in XRP. So this goes to

00:09:43.182 --> 00:09:43.349
stake in XRP. So this goes to
the

00:09:43.349 --> 00:09:44.183
stake in XRP. So this goes to
the question

00:09:44.183 --> 00:09:44.250
stake in XRP. So this goes to
the question that

00:09:44.250 --> 00:09:44.350
stake in XRP. So this goes to
the question that you

00:09:44.350 --> 00:09:44.383
stake in XRP. So this goes to
the question that you just

00:09:44.383 --> 00:09:44.517
the question that you just

00:09:44.517 --> 00:09:45.217
the question that you just
asked

00:09:45.217 --> 00:09:45.284
the question that you just
asked about

00:09:45.284 --> 00:09:45.418
the question that you just
asked about his

00:09:45.418 --> 00:09:45.451
the question that you just
asked about his various

00:09:45.451 --> 00:09:46.752
asked about his various

00:09:46.752 --> 00:09:46.819
asked about his various
interests

00:09:46.819 --> 00:09:46.886
asked about his various
interests and

00:09:46.886 --> 00:09:47.119
asked about his various
interests and also

00:09:47.119 --> 00:09:47.253
asked about his various
interests and also his

00:09:47.253 --> 00:09:47.286
asked about his various
interests and also his various

00:09:47.286 --> 00:09:47.453
interests and also his various

00:09:47.453 --> 00:09:48.187
interests and also his various
ability

00:09:48.187 --> 00:09:48.254
interests and also his various
ability to

00:09:48.254 --> 00:09:48.454
interests and also his various
ability to get

00:09:48.454 --> 00:09:49.255
interests and also his various
ability to get compensated

00:09:49.255 --> 00:09:49.288
interests and also his various
ability to get compensated for

00:09:49.288 --> 00:09:49.422
ability to get compensated for

00:09:49.422 --> 00:09:49.488
ability to get compensated for
this.

00:09:49.488 --> 00:09:50.289
ability to get compensated for
this. So

00:09:50.289 --> 00:09:50.389
ability to get compensated for
this. So Zci,

00:09:50.389 --> 00:09:50.456
ability to get compensated for
this. So Zci, which

00:09:50.456 --> 00:09:50.990
ability to get compensated for
this. So Zci, which of

00:09:50.990 --> 00:09:51.023
ability to get compensated for
this. So Zci, which of course

00:09:51.023 --> 00:09:51.157
this. So Zci, which of course

00:09:51.157 --> 00:09:51.223
this. So Zci, which of course
also

00:09:51.223 --> 00:09:51.290
this. So Zci, which of course
also now

00:09:51.290 --> 00:09:52.391
this. So Zci, which of course
also now owns

00:09:52.391 --> 00:09:52.491
this. So Zci, which of course
also now owns X,

00:09:52.491 --> 00:09:52.558
this. So Zci, which of course
also now owns X, those

00:09:52.558 --> 00:09:53.125
this. So Zci, which of course
also now owns X, those two

00:09:53.125 --> 00:09:53.159
this. So Zci, which of course
also now owns X, those two were

00:09:53.159 --> 00:09:53.326
also now owns X, those two were

00:09:53.326 --> 00:09:54.160
also now owns X, those two were
merged

00:09:54.160 --> 00:09:54.193
also now owns X, those two were
merged effectively.

00:09:54.193 --> 00:09:54.460
merged effectively.

00:09:54.460 --> 00:09:54.527
merged effectively.
Shareholders

00:09:54.527 --> 00:09:54.627
merged effectively.
Shareholders are

00:09:54.627 --> 00:09:54.994
merged effectively.
Shareholders are going

00:09:54.994 --> 00:09:55.061
merged effectively.
Shareholders are going to

00:09:55.061 --> 00:09:55.094
merged effectively.
Shareholders are going to be

00:09:55.094 --> 00:09:56.028
Shareholders are going to be

00:09:56.028 --> 00:09:57.063
Shareholders are going to be
asked

00:09:57.063 --> 00:09:57.129
Shareholders are going to be
asked whether

00:09:57.129 --> 00:09:57.229
Shareholders are going to be
asked whether the

00:09:57.229 --> 00:09:58.064
Shareholders are going to be
asked whether the board

00:09:58.064 --> 00:09:58.097
Shareholders are going to be
asked whether the board of

00:09:58.097 --> 00:09:59.198
asked whether the board of

00:09:59.198 --> 00:09:59.298
asked whether the board of
Tesla

00:09:59.298 --> 00:10:00.733
asked whether the board of
Tesla should

00:10:00.733 --> 00:10:00.833
asked whether the board of
Tesla should invest

00:10:00.833 --> 00:10:01.100
asked whether the board of
Tesla should invest money

00:10:01.100 --> 00:10:02.168
asked whether the board of
Tesla should invest money in

00:10:02.168 --> 00:10:02.201
asked whether the board of
Tesla should invest money in x

00:10:02.201 --> 00:10:02.268
Tesla should invest money in x

00:10:02.268 --> 00:10:02.335
Tesla should invest money in x
I

00:10:02.335 --> 00:10:03.336
Tesla should invest money in x
I x.

00:10:03.336 --> 00:10:03.402
Tesla should invest money in x
I x. I,

00:10:03.402 --> 00:10:03.469
Tesla should invest money in x
I x. I, by

00:10:03.469 --> 00:10:04.670
Tesla should invest money in x
I x. I, by the

00:10:04.670 --> 00:10:04.704
Tesla should invest money in x
I x. I, by the way,

00:10:04.704 --> 00:10:04.804
Tesla should invest money in x
I x. I, by the way, is

00:10:04.804 --> 00:10:04.837
Tesla should invest money in x
I x. I, by the way, is now

00:10:04.837 --> 00:10:05.338
I x. I, by the way, is now

00:10:05.338 --> 00:10:05.371
I x. I, by the way, is now
inside

00:10:05.371 --> 00:10:06.105
I x. I, by the way, is now
inside of

00:10:06.105 --> 00:10:06.138
I x. I, by the way, is now
inside of and

00:10:06.138 --> 00:10:07.239
I x. I, by the way, is now
inside of and is

00:10:07.239 --> 00:10:07.306
I x. I, by the way, is now
inside of and is being

00:10:07.306 --> 00:10:07.406
I x. I, by the way, is now
inside of and is being used

00:10:07.406 --> 00:10:07.440
I x. I, by the way, is now
inside of and is being used not

00:10:07.440 --> 00:10:07.974
inside of and is being used not

00:10:07.974 --> 00:10:08.040
inside of and is being used not
just

00:10:08.040 --> 00:10:08.107
inside of and is being used not
just not

00:10:08.107 --> 00:10:09.275
inside of and is being used not
just not just

00:10:09.275 --> 00:10:09.375
inside of and is being used not
just not just there

00:10:09.375 --> 00:10:09.475
inside of and is being used not
just not just there inside

00:10:09.475 --> 00:10:09.508
inside of and is being used not
just not just there inside the

00:10:09.508 --> 00:10:10.076
just not just there inside the

00:10:10.076 --> 00:10:10.109
just not just there inside the
cars.

00:10:10.109 --> 00:10:10.176
just not just there inside the
cars. So

00:10:10.176 --> 00:10:11.177
just not just there inside the
cars. So so

00:10:11.177 --> 00:10:11.210
just not just there inside the
cars. So so Tesla

00:10:11.210 --> 00:10:11.377
just not just there inside the
cars. So so Tesla is

00:10:11.377 --> 00:10:11.410
just not just there inside the
cars. So so Tesla is already

00:10:11.410 --> 00:10:12.244
cars. So so Tesla is already

00:10:12.244 --> 00:10:12.311
cars. So so Tesla is already
using

00:10:12.311 --> 00:10:12.378
cars. So so Tesla is already
using some

00:10:12.378 --> 00:10:12.478
cars. So so Tesla is already
using some of

00:10:12.478 --> 00:10:13.346
cars. So so Tesla is already
using some of these

00:10:13.346 --> 00:10:13.379
cars. So so Tesla is already
using some of these services.

00:10:13.379 --> 00:10:13.479
using some of these services.

00:10:13.479 --> 00:10:13.512
using some of these services.
>>

00:10:13.512 --> 00:10:14.046
using some of these services.
>> I

00:10:14.046 --> 00:10:14.146
using some of these services.
>> I mean,

00:10:14.146 --> 00:10:14.213
using some of these services.
>> I mean, that's

00:10:14.213 --> 00:10:14.313
using some of these services.
>> I mean, that's the

00:10:14.313 --> 00:10:14.347
using some of these services.
>> I mean, that's the only

00:10:14.347 --> 00:10:15.114
>> I mean, that's the only

00:10:15.114 --> 00:10:15.214
>> I mean, that's the only
thing

00:10:15.214 --> 00:10:15.247
>> I mean, that's the only
thing that's

00:10:15.247 --> 00:10:15.381
>> I mean, that's the only
thing that's a

00:10:15.381 --> 00:10:16.182
>> I mean, that's the only
thing that's a little

00:10:16.182 --> 00:10:16.248
>> I mean, that's the only
thing that's a little weird

00:10:16.248 --> 00:10:16.282
>> I mean, that's the only
thing that's a little weird is

00:10:16.282 --> 00:10:16.382
thing that's a little weird is

00:10:16.382 --> 00:10:16.449
thing that's a little weird is
the

00:10:16.449 --> 00:10:17.249
thing that's a little weird is
the the

00:10:17.249 --> 00:10:17.350
thing that's a little weird is
the the way

00:10:17.350 --> 00:10:17.450
thing that's a little weird is
the the way these

00:10:17.450 --> 00:10:17.550
thing that's a little weird is
the the way these things

00:10:17.550 --> 00:10:17.583
thing that's a little weird is
the the way these things have

00:10:17.583 --> 00:10:18.250
the the way these things have

00:10:18.250 --> 00:10:18.317
the the way these things have
been

00:10:18.317 --> 00:10:18.384
the the way these things have
been spun

00:10:18.384 --> 00:10:19.085
the the way these things have
been spun off

00:10:19.085 --> 00:10:19.185
the the way these things have
been spun off and

00:10:19.185 --> 00:10:19.218
the the way these things have
been spun off and done

00:10:19.218 --> 00:10:19.485
been spun off and done

00:10:19.485 --> 00:10:19.518
been spun off and done
differently.

00:10:19.518 --> 00:10:20.152
been spun off and done
differently. I

00:10:20.152 --> 00:10:20.219
been spun off and done
differently. I don't

00:10:20.219 --> 00:10:20.319
been spun off and done
differently. I don't know

00:10:20.319 --> 00:10:20.353
been spun off and done
differently. I don't know that

00:10:20.353 --> 00:10:20.486
differently. I don't know that

00:10:20.486 --> 00:10:21.187
differently. I don't know that
Tesla

00:10:21.187 --> 00:10:21.287
differently. I don't know that
Tesla shareholders

00:10:21.287 --> 00:10:21.387
differently. I don't know that
Tesla shareholders would

00:10:21.387 --> 00:10:21.420
differently. I don't know that
Tesla shareholders would have

00:10:21.420 --> 00:10:21.587
Tesla shareholders would have

00:10:21.587 --> 00:10:22.388
Tesla shareholders would have
wanted

00:10:22.388 --> 00:10:22.455
Tesla shareholders would have
wanted to,

00:10:22.455 --> 00:10:22.521
Tesla shareholders would have
wanted to, to

00:10:22.521 --> 00:10:23.089
Tesla shareholders would have
wanted to, to have

00:10:23.089 --> 00:10:23.122
Tesla shareholders would have
wanted to, to have been

00:10:23.122 --> 00:10:23.322
wanted to, to have been

00:10:23.322 --> 00:10:23.356
wanted to, to have been
involved

00:10:23.356 --> 00:10:24.056
wanted to, to have been
involved in

00:10:24.056 --> 00:10:24.090
wanted to, to have been
involved in X

00:10:24.090 --> 00:10:24.223
wanted to, to have been
involved in X or

00:10:24.223 --> 00:10:24.323
wanted to, to have been
involved in X or Twitter

00:10:24.323 --> 00:10:24.357
wanted to, to have been
involved in X or Twitter when

00:10:24.357 --> 00:10:25.224
involved in X or Twitter when

00:10:25.224 --> 00:10:25.324
involved in X or Twitter when
he

00:10:25.324 --> 00:10:25.391
involved in X or Twitter when
he bought

00:10:25.391 --> 00:10:25.424
involved in X or Twitter when
he bought it.

00:10:25.424 --> 00:10:26.258
involved in X or Twitter when
he bought it. I

00:10:26.258 --> 00:10:26.359
involved in X or Twitter when
he bought it. I do

00:10:26.359 --> 00:10:26.425
involved in X or Twitter when
he bought it. I do think,

00:10:26.425 --> 00:10:26.459
involved in X or Twitter when
he bought it. I do think, I

00:10:26.459 --> 00:10:26.592
he bought it. I do think, I

00:10:26.592 --> 00:10:26.993
he bought it. I do think, I
think

00:10:26.993 --> 00:10:27.059
he bought it. I do think, I
think there

00:10:27.059 --> 00:10:27.093
he bought it. I do think, I
think there were

00:10:27.093 --> 00:10:27.159
he bought it. I do think, I
think there were a

00:10:27.159 --> 00:10:28.060
he bought it. I do think, I
think there were a lot

00:10:28.060 --> 00:10:28.094
he bought it. I do think, I
think there were a lot of

00:10:28.094 --> 00:10:28.294
think there were a lot of

00:10:28.294 --> 00:10:28.394
think there were a lot of
questions

00:10:28.394 --> 00:10:28.494
think there were a lot of
questions from

00:10:28.494 --> 00:10:28.527
think there were a lot of
questions from Tesla

00:10:28.527 --> 00:10:29.095
questions from Tesla

00:10:29.095 --> 00:10:29.161
questions from Tesla
shareholders

00:10:29.161 --> 00:10:29.228
questions from Tesla
shareholders when

00:10:29.228 --> 00:10:29.362
questions from Tesla
shareholders when he

00:10:29.362 --> 00:10:29.395
questions from Tesla
shareholders when he brought

00:10:29.395 --> 00:10:30.229
shareholders when he brought

00:10:30.229 --> 00:10:30.329
shareholders when he brought
that

00:10:30.329 --> 00:10:30.429
shareholders when he brought
that solar

00:10:30.429 --> 00:10:30.563
shareholders when he brought
that solar power

00:10:30.563 --> 00:10:31.097
shareholders when he brought
that solar power company

00:10:31.097 --> 00:10:31.130
shareholders when he brought
that solar power company into

00:10:31.130 --> 00:10:31.263
that solar power company into

00:10:31.263 --> 00:10:31.397
that solar power company into
Tesla

00:10:31.397 --> 00:10:31.998
that solar power company into
Tesla without

00:10:31.998 --> 00:10:32.131
that solar power company into
Tesla without their

00:10:32.131 --> 00:10:32.198
that solar power company into
Tesla without their approval

00:10:32.198 --> 00:10:32.231
that solar power company into
Tesla without their approval on

00:10:32.231 --> 00:10:32.365
Tesla without their approval on

00:10:32.365 --> 00:10:33.232
Tesla without their approval on
doing

00:10:33.232 --> 00:10:33.265
Tesla without their approval on
doing some

00:10:33.265 --> 00:10:33.366
Tesla without their approval on
doing some of

00:10:33.366 --> 00:10:34.266
Tesla without their approval on
doing some of those

00:10:34.266 --> 00:10:34.333
Tesla without their approval on
doing some of those things,

00:10:34.333 --> 00:10:34.367
Tesla without their approval on
doing some of those things, but

00:10:34.367 --> 00:10:34.467
doing some of those things, but

00:10:34.467 --> 00:10:35.267
doing some of those things, but
the

00:10:35.267 --> 00:10:35.368
doing some of those things, but
the biggest

00:10:35.368 --> 00:10:35.601
doing some of those things, but
the biggest Tesla

00:10:35.601 --> 00:10:35.635
doing some of those things, but
the biggest Tesla shareholders

00:10:35.635 --> 00:10:35.735
the biggest Tesla shareholders

00:10:35.735 --> 00:10:36.002
the biggest Tesla shareholders
are

00:10:36.002 --> 00:10:36.135
the biggest Tesla shareholders
are say

00:10:36.135 --> 00:10:36.235
the biggest Tesla shareholders
are say they're

00:10:36.235 --> 00:10:36.369
the biggest Tesla shareholders
are say they're there

00:10:36.369 --> 00:10:36.402
the biggest Tesla shareholders
are say they're there because

00:10:36.402 --> 00:10:37.103
are say they're there because

00:10:37.103 --> 00:10:37.169
are say they're there because
of

00:10:37.169 --> 00:10:37.269
are say they're there because
of Elon

00:10:37.269 --> 00:10:37.370
are say they're there because
of Elon Musk.

00:10:37.370 --> 00:10:38.104
are say they're there because
of Elon Musk. He's

00:10:38.104 --> 00:10:38.170
are say they're there because
of Elon Musk. He's the

00:10:38.170 --> 00:10:38.270
are say they're there because
of Elon Musk. He's the key

00:10:38.270 --> 00:10:38.304
are say they're there because
of Elon Musk. He's the key man.

00:10:38.304 --> 00:10:39.205
of Elon Musk. He's the key man.

00:10:39.205 --> 00:10:39.271
of Elon Musk. He's the key man.
>>

00:10:39.271 --> 00:10:39.505
of Elon Musk. He's the key man.
>> And

00:10:39.505 --> 00:10:39.538
of Elon Musk. He's the key man.
>> And interestingly,

00:10:39.538 --> 00:10:40.206
of Elon Musk. He's the key man.
>> And interestingly, a

00:10:40.206 --> 00:10:40.272
of Elon Musk. He's the key man.
>> And interestingly, a lot

00:10:40.272 --> 00:10:40.306
of Elon Musk. He's the key man.
>> And interestingly, a lot of

00:10:40.306 --> 00:10:41.340
>> And interestingly, a lot of

00:10:41.340 --> 00:10:41.474
>> And interestingly, a lot of
them

00:10:41.474 --> 00:10:41.540
>> And interestingly, a lot of
them believe

00:10:41.540 --> 00:10:41.641
>> And interestingly, a lot of
them believe that

00:10:41.641 --> 00:10:41.674
>> And interestingly, a lot of
them believe that this

00:10:41.674 --> 00:10:42.041
them believe that this

00:10:42.041 --> 00:10:42.108
them believe that this
ecosystem

00:10:42.108 --> 00:10:43.142
them believe that this
ecosystem he's

00:10:43.142 --> 00:10:43.309
them believe that this
ecosystem he's created

00:10:43.309 --> 00:10:43.342
them believe that this
ecosystem he's created actually

00:10:43.342 --> 00:10:44.243
ecosystem he's created actually

00:10:44.243 --> 00:10:44.343
ecosystem he's created actually
benefits

00:10:44.343 --> 00:10:44.410
ecosystem he's created actually
benefits them.

00:10:44.410 --> 00:10:45.378
ecosystem he's created actually
benefits them. And

00:10:45.378 --> 00:10:45.444
ecosystem he's created actually
benefits them. And that's

00:10:45.444 --> 00:10:45.478
ecosystem he's created actually
benefits them. And that's the

00:10:45.478 --> 00:10:45.711
benefits them. And that's the

00:10:45.711 --> 00:10:45.811
benefits them. And that's the
interesting

00:10:45.811 --> 00:10:46.078
benefits them. And that's the
interesting part.

00:10:46.078 --> 00:10:46.145
benefits them. And that's the
interesting part. And

00:10:46.145 --> 00:10:46.178
benefits them. And that's the
interesting part. And you

00:10:46.178 --> 00:10:46.345
interesting part. And you

00:10:46.345 --> 00:10:46.379
interesting part. And you
should

00:10:46.379 --> 00:10:47.146
interesting part. And you
should I

00:10:47.146 --> 00:10:47.313
interesting part. And you
should I would

00:10:47.313 --> 00:10:47.446
interesting part. And you
should I would recommend

00:10:47.446 --> 00:10:47.480
interesting part. And you
should I would recommend people

00:10:47.480 --> 00:10:47.613
should I would recommend people

00:10:47.613 --> 00:10:48.214
should I would recommend people
read

00:10:48.214 --> 00:10:48.280
should I would recommend people
read through

00:10:48.280 --> 00:10:48.414
should I would recommend people
read through this

00:10:48.414 --> 00:10:48.447
should I would recommend people
read through this proxy,

00:10:48.447 --> 00:10:48.614
read through this proxy,

00:10:48.614 --> 00:10:49.281
read through this proxy,
because

00:10:49.281 --> 00:10:49.315
read through this proxy,
because there's

00:10:49.315 --> 00:10:49.415
read through this proxy,
because there's a

00:10:49.415 --> 00:10:49.482
read through this proxy,
because there's a whole

00:10:49.482 --> 00:10:50.016
read through this proxy,
because there's a whole sort

00:10:50.016 --> 00:10:50.049
read through this proxy,
because there's a whole sort of

00:10:50.049 --> 00:10:50.149
because there's a whole sort of

00:10:50.149 --> 00:10:50.216
because there's a whole sort of
set

00:10:50.216 --> 00:10:51.317
because there's a whole sort of
set of

00:10:51.317 --> 00:10:51.417
because there's a whole sort of
set of issues

00:10:51.417 --> 00:10:52.451
because there's a whole sort of
set of issues around

00:10:52.451 --> 00:10:53.252
because there's a whole sort of
set of issues around this.

00:10:53.252 --> 00:10:53.285
because there's a whole sort of
set of issues around this. But

00:10:53.285 --> 00:10:53.552
set of issues around this. But

00:10:53.552 --> 00:10:53.619
set of issues around this. But
importantly,

00:10:53.619 --> 00:10:53.986
set of issues around this. But
importantly, the

00:10:53.986 --> 00:10:54.053
set of issues around this. But
importantly, the fact

00:10:54.053 --> 00:10:54.153
set of issues around this. But
importantly, the fact that

00:10:54.153 --> 00:10:54.186
set of issues around this. But
importantly, the fact that the

00:10:54.186 --> 00:10:55.087
importantly, the fact that the

00:10:55.087 --> 00:10:55.154
importantly, the fact that the
shareholder

00:10:55.154 --> 00:10:55.221
importantly, the fact that the
shareholder base

00:10:55.221 --> 00:10:56.055
importantly, the fact that the
shareholder base is

00:10:56.055 --> 00:10:57.223
importantly, the fact that the
shareholder base is being

00:10:57.223 --> 00:10:57.256
importantly, the fact that the
shareholder base is being asked

00:10:57.256 --> 00:10:57.423
shareholder base is being asked

00:10:57.423 --> 00:10:57.490
shareholder base is being asked
whether

00:10:57.490 --> 00:10:58.290
shareholder base is being asked
whether the

00:10:58.290 --> 00:10:58.424
shareholder base is being asked
whether the board

00:10:58.424 --> 00:10:58.457
shareholder base is being asked
whether the board should

00:10:58.457 --> 00:10:58.691
whether the board should

00:10:58.691 --> 00:10:59.025
whether the board should
contemplate

00:10:59.025 --> 00:10:59.058
whether the board should
contemplate investment

00:10:59.058 --> 00:10:59.091
whether the board should
contemplate investment X,

00:10:59.091 --> 00:11:00.092
whether the board should
contemplate investment X, I

00:11:00.092 --> 00:11:00.126
whether the board should
contemplate investment X, I if

00:11:00.126 --> 00:11:00.259
contemplate investment X, I if

00:11:00.259 --> 00:11:00.326
contemplate investment X, I if
they

00:11:00.326 --> 00:11:01.127
contemplate investment X, I if
they say

00:11:01.127 --> 00:11:01.227
contemplate investment X, I if
they say yes,

00:11:01.227 --> 00:11:01.260
contemplate investment X, I if
they say yes, then

00:11:01.260 --> 00:11:02.294
contemplate investment X, I if
they say yes, then it

00:11:02.294 --> 00:11:02.361
contemplate investment X, I if
they say yes, then it gives.

00:11:02.361 --> 00:11:02.395
contemplate investment X, I if
they say yes, then it gives. So

00:11:02.395 --> 00:11:02.495
they say yes, then it gives. So

00:11:02.495 --> 00:11:03.062
they say yes, then it gives. So
if

00:11:03.062 --> 00:11:03.162
they say yes, then it gives. So
if they

00:11:03.162 --> 00:11:03.262
they say yes, then it gives. So
if they hadn't

00:11:03.262 --> 00:11:03.329
they say yes, then it gives. So
if they hadn't said

00:11:03.329 --> 00:11:04.063
they say yes, then it gives. So
if they hadn't said yes

00:11:04.063 --> 00:11:04.130
they say yes, then it gives. So
if they hadn't said yes or

00:11:04.130 --> 00:11:04.163
they say yes, then it gives. So
if they hadn't said yes or if

00:11:04.163 --> 00:11:04.296
if they hadn't said yes or if

00:11:04.296 --> 00:11:04.397
if they hadn't said yes or if
they

00:11:04.397 --> 00:11:05.131
if they hadn't said yes or if
they hadn't

00:11:05.131 --> 00:11:05.197
if they hadn't said yes or if
they hadn't brought

00:11:05.197 --> 00:11:05.264
if they hadn't said yes or if
they hadn't brought this

00:11:05.264 --> 00:11:05.331
if they hadn't said yes or if
they hadn't brought this to

00:11:05.331 --> 00:11:05.364
if they hadn't said yes or if
they hadn't brought this to the

00:11:05.364 --> 00:11:06.232
they hadn't brought this to the

00:11:06.232 --> 00:11:06.298
they hadn't brought this to the
shareholders,

00:11:06.298 --> 00:11:06.365
they hadn't brought this to the
shareholders, if

00:11:06.365 --> 00:11:06.465
they hadn't brought this to the
shareholders, if the

00:11:06.465 --> 00:11:07.333
they hadn't brought this to the
shareholders, if the board

00:11:07.333 --> 00:11:07.366
they hadn't brought this to the
shareholders, if the board had

00:11:07.366 --> 00:11:07.566
shareholders, if the board had

00:11:07.566 --> 00:11:07.633
shareholders, if the board had
decided,

00:11:07.633 --> 00:11:07.700
shareholders, if the board had
decided, you

00:11:07.700 --> 00:11:07.967
shareholders, if the board had
decided, you know

00:11:07.967 --> 00:11:08.100
shareholders, if the board had
decided, you know what,

00:11:08.100 --> 00:11:08.134
shareholders, if the board had
decided, you know what, we're

00:11:08.134 --> 00:11:08.267
decided, you know what, we're

00:11:08.267 --> 00:11:08.334
decided, you know what, we're
going

00:11:08.334 --> 00:11:09.135
decided, you know what, we're
going to

00:11:09.135 --> 00:11:09.168
decided, you know what, we're
going to take

00:11:09.168 --> 00:11:09.368
decided, you know what, we're
going to take an

00:11:09.368 --> 00:11:09.402
decided, you know what, we're
going to take an investment

00:11:09.402 --> 00:11:09.535
going to take an investment

00:11:09.535 --> 00:11:10.202
going to take an investment
that

00:11:10.202 --> 00:11:10.302
going to take an investment
that would

00:11:10.302 --> 00:11:10.336
going to take an investment
that would create

00:11:10.336 --> 00:11:10.536
going to take an investment
that would create a

00:11:10.536 --> 00:11:10.569
going to take an investment
that would create a conflict,

00:11:10.569 --> 00:11:11.237
that would create a conflict,

00:11:11.237 --> 00:11:11.270
that would create a conflict,
right?

00:11:11.270 --> 00:11:11.370
right?

00:11:11.370 --> 00:11:11.404
right?
>>

00:11:11.404 --> 00:11:11.504
right?
>> I

00:11:11.504 --> 00:11:12.004
right?
>> I think

00:11:12.004 --> 00:11:12.071
right?
>> I think it's

00:11:12.071 --> 00:11:12.171
right?
>> I think it's the

00:11:12.171 --> 00:11:12.271
right?
>> I think it's the right

00:11:12.271 --> 00:11:12.304
right?
>> I think it's the right way.

00:11:12.304 --> 00:11:13.005
>> I think it's the right way.

00:11:13.005 --> 00:11:13.039
>> I think it's the right way.
>>

00:11:13.039 --> 00:11:13.139
>> I think it's the right way.
>> To

00:11:13.139 --> 00:11:13.205
>> I think it's the right way.
>> To ask.

00:11:13.205 --> 00:11:14.473
>> I think it's the right way.
>> To ask. But

00:11:14.473 --> 00:11:14.540
>> I think it's the right way.
>> To ask. But if

00:11:14.540 --> 00:11:14.607
>> I think it's the right way.
>> To ask. But if they

00:11:14.607 --> 00:11:14.707
>> I think it's the right way.
>> To ask. But if they say

00:11:14.707 --> 00:11:14.740
>> I think it's the right way.
>> To ask. But if they say yes,

00:11:14.740 --> 00:11:15.541
>> To ask. But if they say yes,

00:11:15.541 --> 00:11:15.641
>> To ask. But if they say yes,
I

00:11:15.641 --> 00:11:15.775
>> To ask. But if they say yes,
I think

00:11:15.775 --> 00:11:15.808
>> To ask. But if they say yes,
I think there's

00:11:15.808 --> 00:11:16.342
>> To ask. But if they say yes,
I think there's a

00:11:16.342 --> 00:11:16.475
>> To ask. But if they say yes,
I think there's a decent

00:11:16.475 --> 00:11:16.509
>> To ask. But if they say yes,
I think there's a decent chance

00:11:16.509 --> 00:11:16.642
I think there's a decent chance

00:11:16.642 --> 00:11:16.709
I think there's a decent chance
that

00:11:16.709 --> 00:11:17.009
I think there's a decent chance
that you

00:11:17.009 --> 00:11:17.076
I think there's a decent chance
that you will

00:11:17.076 --> 00:11:17.109
I think there's a decent chance
that you will see,

00:11:17.109 --> 00:11:17.209
I think there's a decent chance
that you will see, I

00:11:17.209 --> 00:11:18.110
I think there's a decent chance
that you will see, I don't

00:11:18.110 --> 00:11:18.144
I think there's a decent chance
that you will see, I don't know,

00:11:18.144 --> 00:11:18.210
that you will see, I don't know,

00:11:18.210 --> 00:11:18.310
that you will see, I don't know,
a

00:11:18.310 --> 00:11:18.344
that you will see, I don't know,
a full

00:11:18.344 --> 00:11:19.211
that you will see, I don't know,
a full on

00:11:19.211 --> 00:11:19.278
that you will see, I don't know,
a full on merger,

00:11:19.278 --> 00:11:19.345
that you will see, I don't know,
a full on merger, but

00:11:19.345 --> 00:11:19.445
that you will see, I don't know,
a full on merger, but it

00:11:19.445 --> 00:11:19.478
that you will see, I don't know,
a full on merger, but it would

00:11:19.478 --> 00:11:20.246
a full on merger, but it would

00:11:20.246 --> 00:11:20.279
a full on merger, but it would
not

00:11:20.279 --> 00:11:20.446
a full on merger, but it would
not be

00:11:20.446 --> 00:11:20.479
a full on merger, but it would
not be shocking

00:11:20.479 --> 00:11:21.013
a full on merger, but it would
not be shocking if

00:11:21.013 --> 00:11:21.080
a full on merger, but it would
not be shocking if Tesla

00:11:21.080 --> 00:11:21.147
a full on merger, but it would
not be shocking if Tesla took

00:11:21.147 --> 00:11:21.180
a full on merger, but it would
not be shocking if Tesla took a

00:11:21.180 --> 00:11:21.280
not be shocking if Tesla took a

00:11:21.280 --> 00:11:22.048
not be shocking if Tesla took a
big

00:11:22.048 --> 00:11:22.081
not be shocking if Tesla took a
big stake

00:11:22.081 --> 00:11:22.148
not be shocking if Tesla took a
big stake in

00:11:22.148 --> 00:11:22.181
not be shocking if Tesla took a
big stake in x,

00:11:22.181 --> 00:11:23.582
not be shocking if Tesla took a
big stake in x, I.

00:11:23.582 --> 00:11:23.683
not be shocking if Tesla took a
big stake in x, I. And

00:11:23.683 --> 00:11:23.716
not be shocking if Tesla took a
big stake in x, I. And then.

00:11:23.716 --> 00:11:23.816
big stake in x, I. And then.

00:11:23.816 --> 00:11:23.883
big stake in x, I. And then.
>>

00:11:23.883 --> 00:11:24.250
big stake in x, I. And then.
>> This

00:11:24.250 --> 00:11:24.316
big stake in x, I. And then.
>> This is

00:11:24.316 --> 00:11:24.383
big stake in x, I. And then.
>> This is how

00:11:24.383 --> 00:11:24.483
big stake in x, I. And then.
>> This is how you

00:11:24.483 --> 00:11:25.251
big stake in x, I. And then.
>> This is how you would

00:11:25.251 --> 00:11:25.317
big stake in x, I. And then.
>> This is how you would get

00:11:25.317 --> 00:11:25.351
big stake in x, I. And then.
>> This is how you would get to

00:11:25.351 --> 00:11:25.484
>> This is how you would get to

00:11:25.484 --> 00:11:25.518
>> This is how you would get to
some

00:11:25.518 --> 00:11:26.085
>> This is how you would get to
some of

00:11:26.085 --> 00:11:26.285
>> This is how you would get to
some of these

00:11:26.285 --> 00:11:26.318
>> This is how you would get to
some of these milestones,

00:11:26.318 --> 00:11:26.485
some of these milestones,

00:11:26.485 --> 00:11:26.552
some of these milestones,
because

00:11:26.552 --> 00:11:27.153
some of these milestones,
because how

00:11:27.153 --> 00:11:27.219
some of these milestones,
because how do

00:11:27.219 --> 00:11:27.286
some of these milestones,
because how do you

00:11:27.286 --> 00:11:27.319
some of these milestones,
because how do you get

00:11:27.319 --> 00:11:27.987
some of these milestones,
because how do you get to

00:11:27.987 --> 00:11:28.020
some of these milestones,
because how do you get to $8.5

00:11:28.020 --> 00:11:28.220
because how do you get to $8.5

00:11:28.220 --> 00:11:28.454
because how do you get to $8.5
trillion

00:11:28.454 --> 00:11:28.487
because how do you get to $8.5
trillion potentially.

00:11:28.487 --> 00:11:28.587
trillion potentially.

00:11:28.587 --> 00:11:29.255
trillion potentially.
>>

00:11:29.255 --> 00:11:29.355
trillion potentially.
>> That

00:11:29.355 --> 00:11:29.422
trillion potentially.
>> That would

00:11:29.422 --> 00:11:29.522
trillion potentially.
>> That would also

00:11:29.522 --> 00:11:30.022
trillion potentially.
>> That would also help.

00:11:30.022 --> 00:11:30.056
trillion potentially.
>> That would also help. So

00:11:30.056 --> 00:11:30.189
>> That would also help. So

00:11:30.189 --> 00:11:30.289
>> That would also help. So
we'll

00:11:30.289 --> 00:11:30.356
>> That would also help. So
we'll see.

00:11:30.356 --> 00:11:31.057
>> That would also help. So
we'll see. But

00:11:31.057 --> 00:11:31.123
>> That would also help. So
we'll see. But a

00:11:31.123 --> 00:11:31.157
>> That would also help. So
we'll see. But a lot

00:11:31.157 --> 00:11:31.257
>> That would also help. So
we'll see. But a lot of

00:11:31.257 --> 00:11:31.290
>> That would also help. So
we'll see. But a lot of news

00:11:31.290 --> 00:11:32.124
we'll see. But a lot of news

00:11:32.124 --> 00:11:32.291
we'll see. But a lot of news
this

00:11:32.291 --> 00:11:32.324
we'll see. But a lot of news
this morning.

00:11:32.324 --> 00:11:32.425
this morning.

00:11:32.425 --> 00:11:32.491
this morning.
>>

00:11:32.491 --> 00:11:33.192
this morning.
>> Well

00:11:33.192 --> 00:11:33.225
this morning.
>> Well wait

00:11:33.225 --> 00:11:33.359
this morning.
>> Well wait a

00:11:33.359 --> 00:11:33.426
this morning.
>> Well wait a second.

00:11:33.426 --> 00:11:34.293
this morning.
>> Well wait a second. When

00:11:34.293 --> 00:11:34.326
this morning.
>> Well wait a second. When you

00:11:34.326 --> 00:11:34.427
>> Well wait a second. When you

00:11:34.427 --> 00:11:34.493
>> Well wait a second. When you
put

00:11:34.493 --> 00:11:34.560
>> Well wait a second. When you
put it

00:11:34.560 --> 00:11:34.994
>> Well wait a second. When you
put it that

00:11:34.994 --> 00:11:35.094
>> Well wait a second. When you
put it that way,

00:11:35.094 --> 00:11:35.161
>> Well wait a second. When you
put it that way, it's

00:11:35.161 --> 00:11:35.227
>> Well wait a second. When you
put it that way, it's kind

00:11:35.227 --> 00:11:35.261
>> Well wait a second. When you
put it that way, it's kind of

00:11:35.261 --> 00:11:36.162
put it that way, it's kind of

00:11:36.162 --> 00:11:36.228
put it that way, it's kind of
getting

00:11:36.228 --> 00:11:36.295
put it that way, it's kind of
getting back

00:11:36.295 --> 00:11:36.362
put it that way, it's kind of
getting back to

00:11:36.362 --> 00:11:37.196
put it that way, it's kind of
getting back to what

00:11:37.196 --> 00:11:37.263
put it that way, it's kind of
getting back to what he

00:11:37.263 --> 00:11:37.296
put it that way, it's kind of
getting back to what he had

00:11:37.296 --> 00:11:37.530
getting back to what he had

00:11:37.530 --> 00:11:37.630
getting back to what he had
originally

00:11:37.630 --> 00:11:38.330
getting back to what he had
originally said,

00:11:38.330 --> 00:11:38.364
getting back to what he had
originally said, that

00:11:38.364 --> 00:11:38.464
getting back to what he had
originally said, that I

00:11:38.464 --> 00:11:38.497
getting back to what he had
originally said, that I would

00:11:38.497 --> 00:11:38.597
originally said, that I would

00:11:38.597 --> 00:11:39.398
originally said, that I would
not

00:11:39.398 --> 00:11:39.432
originally said, that I would
not want

00:11:39.432 --> 00:11:39.498
originally said, that I would
not want to

00:11:39.498 --> 00:11:39.632
originally said, that I would
not want to be

00:11:39.632 --> 00:11:40.099
originally said, that I would
not want to be working

00:11:40.099 --> 00:11:40.166
originally said, that I would
not want to be working on

00:11:40.166 --> 00:11:40.199
originally said, that I would
not want to be working on AI

00:11:40.199 --> 00:11:40.366
not want to be working on AI

00:11:40.366 --> 00:11:40.466
not want to be working on AI
issues

00:11:40.466 --> 00:11:41.133
not want to be working on AI
issues unless

00:11:41.133 --> 00:11:41.200
not want to be working on AI
issues unless I

00:11:41.200 --> 00:11:41.300
not want to be working on AI
issues unless I had,

00:11:41.300 --> 00:11:41.400
not want to be working on AI
issues unless I had, let's

00:11:41.400 --> 00:11:41.434
not want to be working on AI
issues unless I had, let's say,

00:11:41.434 --> 00:11:42.168
issues unless I had, let's say,

00:11:42.168 --> 00:11:42.234
issues unless I had, let's say,
a

00:11:42.234 --> 00:11:42.334
issues unless I had, let's say,
a 25%

00:11:42.334 --> 00:11:42.368
issues unless I had, let's say,
a 25% stake

00:11:42.368 --> 00:11:43.302
issues unless I had, let's say,
a 25% stake or

00:11:43.302 --> 00:11:43.369
issues unless I had, let's say,
a 25% stake or something

00:11:43.369 --> 00:11:43.402
issues unless I had, let's say,
a 25% stake or something in

00:11:43.402 --> 00:11:43.569
a 25% stake or something in

00:11:43.569 --> 00:11:43.636
a 25% stake or something in
control

00:11:43.636 --> 00:11:44.003
a 25% stake or something in
control in

00:11:44.003 --> 00:11:44.136
a 25% stake or something in
control in the

00:11:44.136 --> 00:11:44.270
a 25% stake or something in
control in the company

00:11:44.270 --> 00:11:44.303
a 25% stake or something in
control in the company because

00:11:44.303 --> 00:11:44.403
control in the company because

00:11:44.403 --> 00:11:45.004
control in the company because
of

00:11:45.004 --> 00:11:45.137
control in the company because
of the

00:11:45.137 --> 00:11:45.204
control in the company because
of the concerns

00:11:45.204 --> 00:11:45.304
control in the company because
of the concerns he

00:11:45.304 --> 00:11:46.272
control in the company because
of the concerns he would

00:11:46.272 --> 00:11:46.305
control in the company because
of the concerns he would have

00:11:46.305 --> 00:11:46.439
of the concerns he would have

00:11:46.439 --> 00:11:46.539
of the concerns he would have
about

00:11:46.539 --> 00:11:46.639
of the concerns he would have
about what

00:11:46.639 --> 00:11:47.640
of the concerns he would have
about what could

00:11:47.640 --> 00:11:47.707
of the concerns he would have
about what could be

00:11:47.707 --> 00:11:47.807
of the concerns he would have
about what could be done

00:11:47.807 --> 00:11:47.840
of the concerns he would have
about what could be done with

00:11:47.840 --> 00:11:47.973
about what could be done with

00:11:47.973 --> 00:11:48.374
about what could be done with
that,

00:11:48.374 --> 00:11:48.441
about what could be done with
that, with

00:11:48.441 --> 00:11:48.541
about what could be done with
that, with that

00:11:48.541 --> 00:11:48.574
about what could be done with
that, with that AI.

00:11:48.574 --> 00:11:48.674
that, with that AI.

00:11:48.674 --> 00:11:49.108
that, with that AI.
>>

00:11:49.108 --> 00:11:49.275
that, with that AI.
>> Which

00:11:49.275 --> 00:11:49.375
that, with that AI.
>> Which therefore

00:11:49.375 --> 00:11:49.475
that, with that AI.
>> Which therefore would

00:11:49.475 --> 00:11:49.508
that, with that AI.
>> Which therefore would then

00:11:49.508 --> 00:11:50.109
>> Which therefore would then

00:11:50.109 --> 00:11:50.176
>> Which therefore would then
give

00:11:50.176 --> 00:11:50.376
>> Which therefore would then
give him,

00:11:50.376 --> 00:11:50.443
>> Which therefore would then
give him, ostensibly

00:11:50.443 --> 00:11:50.476
>> Which therefore would then
give him, ostensibly the

00:11:50.476 --> 00:11:51.243
give him, ostensibly the

00:11:51.243 --> 00:11:51.277
give him, ostensibly the
incentive

00:11:51.277 --> 00:11:51.343
give him, ostensibly the
incentive to

00:11:51.343 --> 00:11:51.377
give him, ostensibly the
incentive to to

00:11:51.377 --> 00:11:52.378
give him, ostensibly the
incentive to to do

00:11:52.378 --> 00:11:52.411
give him, ostensibly the
incentive to to do all.

00:11:52.411 --> 00:11:52.511
incentive to to do all.

00:11:52.511 --> 00:11:52.545
incentive to to do all.
>>

00:11:52.545 --> 00:11:52.645
incentive to to do all.
>> Of

00:11:52.645 --> 00:11:53.012
incentive to to do all.
>> Of this.

00:11:53.012 --> 00:11:53.079
incentive to to do all.
>> Of this. So

00:11:53.079 --> 00:11:53.212
incentive to to do all.
>> Of this. So the

00:11:53.212 --> 00:11:53.312
incentive to to do all.
>> Of this. So the numbers

00:11:53.312 --> 00:11:53.345
incentive to to do all.
>> Of this. So the numbers seem

00:11:53.345 --> 00:11:54.113
>> Of this. So the numbers seem

00:11:54.113 --> 00:11:54.180
>> Of this. So the numbers seem
crazy.

00:11:54.180 --> 00:11:54.246
>> Of this. So the numbers seem
crazy. But

00:11:54.246 --> 00:11:54.313
>> Of this. So the numbers seem
crazy. But if

00:11:54.313 --> 00:11:55.147
>> Of this. So the numbers seem
crazy. But if you

00:11:55.147 --> 00:11:55.247
>> Of this. So the numbers seem
crazy. But if you talk

00:11:55.247 --> 00:11:55.281
>> Of this. So the numbers seem
crazy. But if you talk about

00:11:55.281 --> 00:11:55.414
crazy. But if you talk about

00:11:55.414 --> 00:11:55.581
crazy. But if you talk about
doing

00:11:55.581 --> 00:11:56.248
crazy. But if you talk about
doing something

00:11:56.248 --> 00:11:56.348
crazy. But if you talk about
doing something like

00:11:56.348 --> 00:11:56.415
crazy. But if you talk about
doing something like that,

00:11:56.415 --> 00:11:56.449
crazy. But if you talk about
doing something like that, the

00:11:56.449 --> 00:11:56.615
doing something like that, the

00:11:56.615 --> 00:11:57.249
doing something like that, the
numbers

00:11:57.249 --> 00:11:57.316
doing something like that, the
numbers don't

00:11:57.316 --> 00:11:57.383
doing something like that, the
numbers don't seem

00:11:57.383 --> 00:11:57.483
doing something like that, the
numbers don't seem so

00:11:57.483 --> 00:11:58.117
doing something like that, the
numbers don't seem so crazy.

00:11:58.117 --> 00:11:58.150
doing something like that, the
numbers don't seem so crazy. If

00:11:58.150 --> 00:11:58.250
numbers don't seem so crazy. If

00:11:58.250 --> 00:11:58.317
numbers don't seem so crazy. If
you

00:11:58.317 --> 00:11:58.417
numbers don't seem so crazy. If
you can

00:11:58.417 --> 00:11:59.785
numbers don't seem so crazy. If
you can blend

00:11:59.785 --> 00:11:59.852
numbers don't seem so crazy. If
you can blend them

00:11:59.852 --> 00:11:59.919
numbers don't seem so crazy. If
you can blend them back

00:11:59.919 --> 00:11:59.985
numbers don't seem so crazy. If
you can blend them back in

00:11:59.985 --> 00:12:00.019
numbers don't seem so crazy. If
you can blend them back in and

00:12:00.019 --> 00:12:00.219
you can blend them back in and

00:12:00.219 --> 00:12:00.286
you can blend them back in and
put

00:12:00.286 --> 00:12:00.386
you can blend them back in and
put them

00:12:00.386 --> 00:12:00.553
you can blend them back in and
put them back

00:12:00.553 --> 00:12:00.586
you can blend them back in and
put them back together.

00:12:00.586 --> 00:12:01.620
put them back together.

00:12:01.620 --> 00:12:01.687
put them back together.
>>

00:12:01.687 --> 00:12:01.821
put them back together.
>> But

00:12:01.821 --> 00:12:01.954
put them back together.
>> But getting

00:12:01.954 --> 00:12:02.054
put them back together.
>> But getting reaching

00:12:02.054 --> 00:12:02.121
put them back together.
>> But getting reaching any

00:12:02.121 --> 00:12:02.154
put them back together.
>> But getting reaching any of

00:12:02.154 --> 00:12:02.288
>> But getting reaching any of

00:12:02.288 --> 00:12:02.488
>> But getting reaching any of
these

00:12:02.488 --> 00:12:03.055
>> But getting reaching any of
these milestones,

00:12:03.055 --> 00:12:03.155
>> But getting reaching any of
these milestones, I

00:12:03.155 --> 00:12:03.222
>> But getting reaching any of
these milestones, I think

00:12:03.222 --> 00:12:03.255
>> But getting reaching any of
these milestones, I think is

00:12:03.255 --> 00:12:03.389
these milestones, I think is

00:12:03.389 --> 00:12:04.190
these milestones, I think is
going

00:12:04.190 --> 00:12:04.223
these milestones, I think is
going to

00:12:04.223 --> 00:12:04.256
these milestones, I think is
going to be

00:12:04.256 --> 00:12:04.356
these milestones, I think is
going to be I

00:12:04.356 --> 00:12:05.324
these milestones, I think is
going to be I mean,

00:12:05.324 --> 00:12:05.357
these milestones, I think is
going to be I mean, these

00:12:05.357 --> 00:12:05.591
going to be I mean, these

00:12:05.591 --> 00:12:05.658
going to be I mean, these
milestones

00:12:05.658 --> 00:12:05.758
going to be I mean, these
milestones make

00:12:05.758 --> 00:12:06.625
going to be I mean, these
milestones make 2018

00:12:06.625 --> 00:12:06.726
going to be I mean, these
milestones make 2018 look

00:12:06.726 --> 00:12:06.759
going to be I mean, these
milestones make 2018 look like

00:12:06.759 --> 00:12:06.926
milestones make 2018 look like

00:12:06.926 --> 00:12:07.026
milestones make 2018 look like
child's

00:12:07.026 --> 00:12:07.159
milestones make 2018 look like
child's play.

00:12:07.159 --> 00:12:07.226
milestones make 2018 look like
child's play. They

00:12:07.226 --> 00:12:07.293
milestones make 2018 look like
child's play. They do.

00:12:07.293 --> 00:12:07.359
milestones make 2018 look like
child's play. They do. And

00:12:07.359 --> 00:12:07.393
milestones make 2018 look like
child's play. They do. And we

00:12:07.393 --> 00:12:08.427
child's play. They do. And we

00:12:08.427 --> 00:12:08.494
child's play. They do. And we
thought

00:12:08.494 --> 00:12:08.594
child's play. They do. And we
thought that

00:12:08.594 --> 00:12:08.661
child's play. They do. And we
thought that 2018,

00:12:08.661 --> 00:12:09.161
child's play. They do. And we
thought that 2018, as

00:12:09.161 --> 00:12:09.195
child's play. They do. And we
thought that 2018, as Robin

00:12:09.195 --> 00:12:09.328
thought that 2018, as Robin

00:12:09.328 --> 00:12:09.395
thought that 2018, as Robin
said,

00:12:09.395 --> 00:12:10.029
thought that 2018, as Robin
said, was

00:12:10.029 --> 00:12:10.129
thought that 2018, as Robin
said, was crazy.

00:12:10.129 --> 00:12:10.262
thought that 2018, as Robin
said, was crazy. These

00:12:10.262 --> 00:12:10.296
thought that 2018, as Robin
said, was crazy. These still

00:12:10.296 --> 00:12:11.430
said, was crazy. These still

00:12:11.430 --> 00:12:11.564
said, was crazy. These still
seem

00:12:11.564 --> 00:12:12.098
said, was crazy. These still
seem somewhat

00:12:12.098 --> 00:12:12.164
said, was crazy. These still
seem somewhat crazy,

00:12:12.164 --> 00:12:12.231
said, was crazy. These still
seem somewhat crazy, but

00:12:12.231 --> 00:12:13.199
said, was crazy. These still
seem somewhat crazy, but but

00:12:13.199 --> 00:12:13.232
said, was crazy. These still
seem somewhat crazy, but but if

00:12:13.232 --> 00:12:13.332
seem somewhat crazy, but but if

00:12:13.332 --> 00:12:13.432
seem somewhat crazy, but but if
you

00:12:13.432 --> 00:12:13.466
seem somewhat crazy, but but if
you see.

00:12:13.466 --> 00:12:13.566
you see.

00:12:13.566 --> 00:12:14.266
you see.
>>

00:12:14.266 --> 00:12:14.300
you see.
>> Where

00:12:14.300 --> 00:12:14.400
you see.
>> Where it

00:12:14.400 --> 00:12:14.433
you see.
>> Where it goes,

00:12:14.433 --> 00:12:15.367
you see.
>> Where it goes, a

00:12:15.367 --> 00:12:15.401
you see.
>> Where it goes, a tech

00:12:15.401 --> 00:12:15.568
>> Where it goes, a tech

00:12:15.568 --> 00:12:15.634
>> Where it goes, a tech
company

00:12:15.634 --> 00:12:15.735
>> Where it goes, a tech
company and

00:12:15.735 --> 00:12:16.102
>> Where it goes, a tech
company and then

00:12:16.102 --> 00:12:16.135
>> Where it goes, a tech
company and then an

00:12:16.135 --> 00:12:16.302
>> Where it goes, a tech
company and then an AI

00:12:16.302 --> 00:12:16.335
>> Where it goes, a tech
company and then an AI company,

00:12:16.335 --> 00:12:17.136
company and then an AI company,

00:12:17.136 --> 00:12:17.236
company and then an AI company,
it

00:12:17.236 --> 00:12:17.303
company and then an AI company,
it seems

00:12:17.303 --> 00:12:17.403
company and then an AI company,
it seems less

00:12:17.403 --> 00:12:18.204
company and then an AI company,
it seems less crazy

00:12:18.204 --> 00:12:18.270
company and then an AI company,
it seems less crazy to

00:12:18.270 --> 00:12:18.337
company and then an AI company,
it seems less crazy to get

00:12:18.337 --> 00:12:18.370
company and then an AI company,
it seems less crazy to get to

00:12:18.370 --> 00:12:18.504
it seems less crazy to get to

00:12:18.504 --> 00:12:19.271
it seems less crazy to get to
some

00:12:19.271 --> 00:12:19.371
it seems less crazy to get to
some of

00:12:19.371 --> 00:12:19.572
it seems less crazy to get to
some of these

00:12:19.572 --> 00:12:19.605
it seems less crazy to get to
some of these valuations.

00:12:19.605 --> 00:12:20.406
some of these valuations.

00:12:20.406 --> 00:12:20.439
some of these valuations.
However,

00:12:20.439 --> 00:12:20.506
some of these valuations.
However, it

00:12:20.506 --> 00:12:20.706
some of these valuations.
However, it is

00:12:20.706 --> 00:12:20.740
some of these valuations.
However, it is shareholder

00:12:20.740 --> 00:12:21.073
However, it is shareholder

00:12:21.073 --> 00:12:21.207
However, it is shareholder
friendly,

00:12:21.207 --> 00:12:21.273
However, it is shareholder
friendly, right?

00:12:21.273 --> 00:12:22.174
However, it is shareholder
friendly, right? You

00:12:22.174 --> 00:12:22.274
However, it is shareholder
friendly, right? You know

00:12:22.274 --> 00:12:22.308
However, it is shareholder
friendly, right? You know he's

00:12:22.308 --> 00:12:22.408
friendly, right? You know he's

00:12:22.408 --> 00:12:23.309
friendly, right? You know he's
not

00:12:23.309 --> 00:12:23.409
friendly, right? You know he's
not making

00:12:23.409 --> 00:12:23.509
friendly, right? You know he's
not making money

00:12:23.509 --> 00:12:23.609
friendly, right? You know he's
not making money unless

00:12:23.609 --> 00:12:23.642
friendly, right? You know he's
not making money unless the

00:12:23.642 --> 00:12:24.376
not making money unless the

00:12:24.376 --> 00:12:24.443
not making money unless the
shareholders

00:12:24.443 --> 00:12:24.510
not making money unless the
shareholders make

00:12:24.510 --> 00:12:24.577
not making money unless the
shareholders make it.

00:12:24.577 --> 00:12:25.010
not making money unless the
shareholders make it. And

00:12:25.010 --> 00:12:25.044
not making money unless the
shareholders make it. And then

00:12:25.044 --> 00:12:25.144
shareholders make it. And then

00:12:25.144 --> 00:12:25.244
shareholders make it. And then
he

00:12:25.244 --> 00:12:25.344
shareholders make it. And then
he still

00:12:25.344 --> 00:12:26.212
shareholders make it. And then
he still can't

00:12:26.212 --> 00:12:26.278
shareholders make it. And then
he still can't cash

00:12:26.278 --> 00:12:26.345
shareholders make it. And then
he still can't cash out

00:12:26.345 --> 00:12:26.378
shareholders make it. And then
he still can't cash out for

00:12:26.378 --> 00:12:26.412
shareholders make it. And then
he still can't cash out for a

00:12:26.412 --> 00:12:27.313
he still can't cash out for a

00:12:27.313 --> 00:12:27.413
he still can't cash out for a
long

00:12:27.413 --> 00:12:27.513
he still can't cash out for a
long time.

00:12:27.513 --> 00:12:27.546
he still can't cash out for a
long time. That's

00:12:27.546 --> 00:12:28.347
he still can't cash out for a
long time. That's a

00:12:28.347 --> 00:12:28.414
he still can't cash out for a
long time. That's a lot

00:12:28.414 --> 00:12:28.447
he still can't cash out for a
long time. That's a lot to

00:12:28.447 --> 00:12:28.581
long time. That's a lot to

00:12:28.581 --> 00:12:28.714
long time. That's a lot to
think

00:12:28.714 --> 00:12:28.748
long time. That's a lot to
think about.

00:12:28.748 --> 00:12:29.014
think about.

00:12:29.014 --> 00:12:29.115
think about.
>>

00:12:29.115 --> 00:12:29.215
think about.
>> Well,

00:12:29.215 --> 00:12:29.315
think about.
>> Well, we're

00:12:29.315 --> 00:12:30.116
think about.
>> Well, we're going

00:12:30.116 --> 00:12:30.216
think about.
>> Well, we're going to

00:12:30.216 --> 00:12:30.249
think about.
>> Well, we're going to think

00:12:30.249 --> 00:12:30.282
think about.
>> Well, we're going to think a

00:12:30.282 --> 00:12:30.382
>> Well, we're going to think a

00:12:30.382 --> 00:12:31.117
>> Well, we're going to think a
lot

00:12:31.117 --> 00:12:31.217
>> Well, we're going to think a
lot more

00:12:31.217 --> 00:12:31.283
>> Well, we're going to think a
lot more about

00:12:31.283 --> 00:12:31.383
>> Well, we're going to think a
lot more about it.

00:12:31.383 --> 00:12:32.551
>> Well, we're going to think a
lot more about it. We're

00:12:32.551 --> 00:12:32.585
>> Well, we're going to think a
lot more about it. We're going

00:12:32.585 --> 00:12:32.685
lot more about it. We're going

00:12:32.685 --> 00:12:32.785
lot more about it. We're going
to

00:12:32.785 --> 00:12:32.852
lot more about it. We're going
to bring

00:12:32.852 --> 00:12:33.552
lot more about it. We're going
to bring you

00:12:33.552 --> 00:12:33.619
lot more about it. We're going
to bring you a

00:12:33.619 --> 00:12:33.686
lot more about it. We're going
to bring you a lot

00:12:33.686 --> 00:12:33.753
lot more about it. We're going
to bring you a lot more

00:12:33.753 --> 00:12:34.120
lot more about it. We're going
to bring you a lot more of

00:12:34.120 --> 00:12:34.153
lot more about it. We're going
to bring you a lot more of that.

00:12:34.153 --> 00:12:34.353
to bring you a lot more of that.

00:12:34.353 --> 00:12:34.453
to bring you a lot more of that.
Interview

00:12:34.453 --> 00:12:34.520
to bring you a lot more of that.
Interview with

00:12:34.520 --> 00:12:35.454
to bring you a lot more of that.
Interview with the

00:12:35.454 --> 00:12:35.521
to bring you a lot more of that.
Interview with the chair

00:12:35.521 --> 00:12:35.554
to bring you a lot more of that.
Interview with the chair of

00:12:35.554 --> 00:12:35.587
Interview with the chair of