With the Twitter restlessness hanging from a dark cloud of Elon Muskshareholders fear that the CEO will leave his post at You’re here if he was forced to buy the platform, but Musk assured them that his talented team could continue the work even if he was kidnapped by aliens‘ or returned to his home planet.
The humorous remarks were made during Tesla’s 2022 annual shareholder meeting held Thursday at the company’s new headquarters in Austin, Texas, and were delivered during the Q&A portion of the presentation. .
The question came from Tesla Bull and managing partner of The Future Fund, Gary Black, who asked: “So how does the board think about your estate and especially when you are a judge who will decide in a few months whether or not you should take over Twitter. How would you share your time?
After making sure the Tesla crowd would live, Musk then said, “I’m not leaving to be clear.”
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Elon Musk isn’t worried about the fate of Tesla, even though he has stepped down as CEO. He said the business would succeed even if he was abducted by aliens
The billionaire went on to explain that Tesla is definitely gaining momentum, which he referred to in an earlier announcement while presenting on the automaker which recently produced its three millionth electric vehicle since its inception in 2004.
“I wonder how many cars we’ll have in 10 years,” Musk said, taking a quiet pause to reflect.
“10 years ago we had less than 3,000 cars and now we have made three million.”
Someone in the audience quickly shouted “300 million”, which sparked a laugh from Musk who quickly declared that “100 million is pretty doable”.
The remarks were made during Tesla’s 2022 annual meeting of shareholders held Thursday at the company’s new headquarters in Austin, Texas, and were delivered during the Q&A portion of the presentation.
The question came from Gary Black, who asked, “So how does the board think about your estate and especially when you’re a judge who’s going to decide in a few months whether or not you should take over Twitter. ” How would you share your time?
According to the billionaire, this will be done by expanding the four fully operational Gigafactories into 12 and Tesla will likely reveal the location of a new factory later this year.
However, Musk still has to deal with the lawsuit filed against him by Twitter.
The Tesla CEO had offered to buy the social media platform for $44 billion, but later backed down, saying Twitter had failed to provide enough information about the number of fake accounts on the site.
On Wednesday, Twitter denied in a court filing that it deprived its potential acquirer of necessary information or misrepresented details about its business.
That fate of that acquisition, which Musk agreed to without taking the time to examine the details of Twitter’s business, now rests with a Delaware court where Twitter has filed a lawsuit to force Musk into the deal. The case is due for trial on October 17.
The court ruling could ultimately determine the future of a social platform used daily by 238 million people around the world – a small audience by the standards of Facebook and other major platforms, but one that includes political leaders, major artists, and experts on a variety of subjects Until January 2021, it was also home to then-US President Donald Trump.
In an unexpected twist, Twitter was able to file its response to Musk before Musk’s own counterclaims surfaced in public. A judge ruled on Wednesday that Musk’s counterclaim will be made public by Friday.
Musk also announced that Tesla has produced its three millionth electric vehicle.
Parts of Musk’s counterclaim were included in Twitter’s response, however. These include accusing the company of fraud and “delay tactics” and providing Musk with only “scrutinized and incomplete information” in response to his questions about spam accounts and other measures of the ‘company.
While Twitter claimed Musk was making up reasons not to buy the company, Musk’s attorneys say Twitter is the one holding back the deal by “dragging its feet” and providing insufficient data for the billionaire’s demands.
In a response filed Thursday in Delaware Chancery Court, Twitter called Musk’s reasoning “a story, devised for the purpose of escaping a merger deal that Musk no longer found appealing.”
Musk is also facing a lawsuit from Twitter, which he mentioned during the meeting. He told the audience that Twitter was part of his holding company’s grand vision. He said that since he uses Twitter a lot, with over 100 million followers, he knows what to do with it
“Counterclaims are a story made for litigation that is contradicted by evidence and common sense,” Twitter’s response reads. “Musk invents representations that Twitter has never made and then tries to use, selectively, the extensive confidential data that Twitter has provided to him to ward off a violation of these alleged representations.”
At the same time, according to the response, Musk also accused Twitter of violating their agreement by “blocking” his requests for information.
Representatives for Musk did not immediately return a message for comment on Thursday, although Musk spoke briefly on Twitter during Tesla’s annual shareholder meeting.
He told the audience that Twitter was part of his holding company’s grand vision. He said that since he uses Twitter a lot, with over 100 million followers, he knows what to do with it.
“I understand the product pretty well,” he said. “So I think I have a good idea of where to lead the engineering team at Twitter to radically improve it,” he said.