- Elon Musk promises the delivery of the much-anticipated Cybertrucks later this year, intending to use one as his daily ride.
- Shareholders welcome former Tesla CTO JB Straubel to the board; Musk commits to third-party audit of Tesla’s cobalt supply chain.
- Despite concerns over Musk's divided attention, he remains CEO of Tesla and SpaceX, while taking on the role of CTO at Twitter.
Kick back and get ready, because Elon Musk just dropped some knowledge bombs at Tesla's annual shindig for shareholders. The tech guru and innovator foresees a financial rollercoaster in the next year, but on the bright side, he promises to finally deliver the much-anticipated Cybertrucks. Yes, the futuristically sharp-edged, electric bad boys are finally hitting the streets later this year. And guess who will be seen cruising around town in one? That's right - Musk himself!
The man's crystal ball doesn't stop there. Musk sees stormy economic weather ahead for a year, predicting bankruptcies will be as common as memes on Twitter. But fear not, after the storm, he envisions a rainbow of economic recovery, with Tesla right there at the pot of gold.
Musk's ambitions are as lofty as one of his SpaceX rockets, as he also predicted that the Tesla Model Y will be the world's top-selling car this year. But that's not all, folks. When a cowboy hat-wearing robot (yes, you read that right) asked if Tesla would be venturing into RV territory, Musk said that while they're not quite ready to hit the RV road, the Cybertruck could be converted into an RV or camper. Interesting...
In the world of the Tesla boardroom, former Tesla CTO JB Straubel has been given a seat at the big boys' table. Straubel, now the bigwig at Redwood Materials, a company all about recycling electronic waste and batteries, has been voted onto the Tesla board of directors. Oh, and Musk committed to auditing Tesla’s cobalt supply chain to ensure no child labor is involved. Plus, a new kind of drive unit is in the works, aiming to reduce the use of silicon carbide and rare earth elements.
Musk's involvement with Twitter, his new side gig, has been a bone of contention among shareholders. Some big players are concerned that the tech mogul's attention is divided, juggling the roles of CEO at Tesla, SpaceX, and now Twitter. Despite these concerns, Musk has recently appointed a new CEO for Twitter, Linda Yaccarino, while he will stay on as CTO.
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