1st Slide for Tesla Shareholder Annual Meeting Adamant to Debunk, But Vague & Confusing

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Protecting the 2024 Tesla shareholder annual assembly, I’ve mentioned two extremes that could be the future of Tesla depending on how the company’s current “big bet” turns outand I’ve mentioned 10 highlights from the main presentation. Nevertheless, the primary web page of the slidedeck after the quilt was an attention-grabbing one which I assumed I’d briefly cowl by itself. At first, I used to be considering, “Oh, good, they’ve debunked some negative headlines and claims and given us more information about what’s actually going on.” Although, once I began taking a look at these extra carefully for this text, I noticed they didn’t clarify or debunk as clearly as I’d assumed or hoped. Have a look down under and let me know what you suppose.

To start with, since that is the second slide within the slidedeck, it actually stands out. It appears it was Tesla’s fast try and debunk varied criticisms which were going round, nevertheless it seems like one thing Elon Musk simply inserted proper on the final minute with out a lot time on clear messaging or rationalization. Anyway, the factors listed below are that:

• Tesla says it’s nonetheless centered on increasing its car lineup. How a lot and whether or not it’s placing sufficient consideration into this has been the query, and that wasn’t actually resolved with this transient word and the slide in a while exhibiting three fashions beneath covers. We’ve seen fashions beneath covers earlier than. We’ve identified for a number of years Tesla was purported to ultimately construct a van and minibus of types, and a extra reasonably priced Tesla was supposed to come back out this 12 months. We didn’t actually hear something about that “tiny Tesla” on this annual assembly, although.
• Tesla isn’t abandoning Superchargers. Good, however I didn’t see a lot concern that Tesla was abandoning Superchargers, simply that it wasn’t rising the community prefer it used to. I by no means assumed they weren’t going to take care of present Superchargers, and Musk mentioned quickly after shedding nearly all the Supercharger workforce that they’d nonetheless add stalls to present stations and focus extra on that. The priority was about how a lot Tesla would decelerate growth, and there was no clear roadmap in that regard defined in to debunk issues. So, it’s once more arduous to judge this imprecise retort. Elon Musk did discuss later within the presentation concerning the huge Supercharger community and made a quick word about what number of extra Superchargers could be added this 12 months — however there are already tons of them in varied phases of planning or development.
• Elon Musk isn’t threatening to maneuver AI out of Tesla. I actually don’t perceive this one, as a result of Musk mentioned straight up that if he wasn’t awarded his compensation package deal once more, he was inclined to go develop AI exterior of Tesla. I’m actually confused about this one. After all, his gigantic compensation package deal was reapproved, so he shouldn’t be desirous about doing related AI work exterior of Tesla anymore anyway. And if Tesla hits its targets and succeeds on this area, based mostly on Musk’s inventory value forecast, he may develop into the world’s first trillionaire. My autocorrect is telling me proper now that isn’t a phrase.
• Tesla isn’t a one-man present. Did anybody declare that? I suppose this is likely to be a retort to Elon Musk having an excessive amount of management over the board of administrators? It’s arduous to know, because it’s an excellent imprecise quote debunking a declare nobody makes. With over 100,000 workers, you’d should be fully out of your thoughts to suppose Tesla is a one-man present. Once more, although, I actually don’t even know what that is making an attempt to debunk.
• Elon isn’t a part-time CEO. Effectively, this one ought to give reassurance to many Tesla followers who’ve been involved that Elon Musk isn’t full time at Tesla anymore since he appears to spend a lot time on X and in addition has a few half dozen different corporations to guide. If you’d like Elon to be spending 40+ hours every week working at Tesla, this could provide you with some extent of reassurance that he’s doing simply that.

Some other ideas on these 5 “NOT TRUE” statements?