DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
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Elon owns 13% of the $600B Tesla.
Tesla’s CEO Elon Musk is no stranger to making headlines.
But his latest move — demanding a 25% voting control of Tesla before diving deeper into artificial intelligence and robotics — has spooked investors.
That is almost double of what he currently owns.
Elon is always making waves and pulling stunts that no one seems to be able to predict.
Currently holding about 13% of Tesla, Musk’s push for increased control speaks volumes about his vision for the company.
It’s akin to a captain wanting a firmer grip on the ship’s wheel as it sails into uncharted waters.
Well, arguably, Elon is Tesla and Tesla is Elon.
Remove Elon, and let’s all see how far Tesla can go.
But why the focus on AI and robotics?
Tesla, while renowned for its electric vehicles, is more than just a car manufacturer.
It’s a hotbed of innovation, housing projects like the Full Self-Driving chip and the Optimus humanoid robot.
“You don’t seem to understand that Tesla is not one startup, but a dozen,” he wrote. “Simply look at the delta between what Tesla does and GM.”
For investors drawn to Tesla for these futuristic ventures, the idea of Musk taking AI initiatives outside of Tesla is akin to removing a key ingredient from a winning recipe.
Musk’s rationale for seeking more control is laced with irony.
He wants enough influence to be a significant player but not so much that he can’t be challenged.
It’s a delicate balance of power, reflecting Musk’s awareness of the risks associated with powerful technology.
So is he threatening the board or sending mixed signals?
If the board don’t give him more shares, will he really go out and build a separate AI / robotics company?
If they do give in, what will the other shareholders say?
However, Musk’s past actions, like selling Tesla shares to acquire X (formerly Twitter), and the company’s legal tangles over his pay, add layers of complexity to this already intricate scenario.
He did sell off part of his Tesla’s shares to fund the buyout of Twitter, which he promptly renamed X.
Stakeholders were worried about his incessant obsession to so many distractions.
Most believe this situation will eventually simmer down.
Elon will find a way, regardless.
Elon’s quest for more control in Tesla as it embarks on ambitious AI and robotics projects is a smart move.
It’s a bold strategy, fraught with risks and uncertainties, but one that could potentially redefine the automotive and tech industries.
Just imagine how much further Tesla will be from its competitors with more focus on advanced AI and robotics.
-
Is Elon too powerful?
-
#ElonMusk #TeslaAI #CorporatePower #InnovationStrategy #TechLeadership #RoboticsFuture #TeslaShares #BusinessChessGame #AutomotiveInnovation #MuskVision #TechDynamics #CorporateGovernance #AIAdvancement #TechTrends #StrategicControl #MuskTesla #FuturisticTechnology #PowerBalance #InnovativeLeadership #TechRevolution
Elon owns 13% of the $600B Tesla.
Tesla’s CEO Elon Musk is no stranger to making headlines.
But his latest move — demanding a 25% voting control of Tesla before diving deeper into artificial intelligence and robotics — has spooked investors.
That is almost double of what he currently owns.
Elon is always making waves and pulling stunts that no one seems to be able to predict.
Currently holding about 13% of Tesla, Musk’s push for increased control speaks volumes about his vision for the company.
It’s akin to a captain wanting a firmer grip on the ship’s wheel as it sails into uncharted waters.
Well, arguably, Elon is Tesla and Tesla is Elon.
Remove Elon, and let’s all see how far Tesla can go.
But why the focus on AI and robotics?
Tesla, while renowned for its electric vehicles, is more than just a car manufacturer.
It’s a hotbed of innovation, housing projects like the Full Self-Driving chip and the Optimus humanoid robot.
“You don’t seem to understand that Tesla is not one startup, but a dozen,” he wrote. “Simply look at the delta between what Tesla does and GM.”
For investors drawn to Tesla for these futuristic ventures, the idea of Musk taking AI initiatives outside of Tesla is akin to removing a key ingredient from a winning recipe.
Musk’s rationale for seeking more control is laced with irony.
He wants enough influence to be a significant player but not so much that he can’t be challenged.
It’s a delicate balance of power, reflecting Musk’s awareness of the risks associated with powerful technology.
So is he threatening the board or sending mixed signals?
If the board don’t give him more shares, will he really go out and build a separate AI / robotics company?
If they do give in, what will the other shareholders say?
However, Musk’s past actions, like selling Tesla shares to acquire X (formerly Twitter), and the company’s legal tangles over his pay, add layers of complexity to this already intricate scenario.
He did sell off part of his Tesla’s shares to fund the buyout of Twitter, which he promptly renamed X.
Stakeholders were worried about his incessant obsession to so many distractions.
Most believe this situation will eventually simmer down.
Elon will find a way, regardless.
Elon’s quest for more control in Tesla as it embarks on ambitious AI and robotics projects is a smart move.
It’s a bold strategy, fraught with risks and uncertainties, but one that could potentially redefine the automotive and tech industries.
Just imagine how much further Tesla will be from its competitors with more focus on advanced AI and robotics.
-
Is Elon too powerful?
-
#ElonMusk #TeslaAI #CorporatePower #InnovationStrategy #TechLeadership #RoboticsFuture #TeslaShares #BusinessChessGame #AutomotiveInnovation #MuskVision #TechDynamics #CorporateGovernance #AIAdvancement #TechTrends #StrategicControl #MuskTesla #FuturisticTechnology #PowerBalance #InnovativeLeadership #TechRevolution
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