delayed space programs by spacex overhyped hyperloop fatal cars of tesla misinformation about covet 19. refusing to block russian news sources while committing to help ukraine in any possible way you name any controversy or any sector you will find elon musk's name attached to it elon do you have any comment elon how will you be defending the charge there's an old saying jack of all trades master of none has the richest person in the world proven this wrong or has musk bitten off more than he can chew on april 4th it was reported that elon musk has agreed to a deal that would see him appointed to twitter's board of directors and prohibit him from acquiring more than 14.9 percent of the company he tweeted and we quote looking forward to working with parag and twitter board to make significant improvements to twitter in coming months the tweet created an uproar on the social networking site and even among the firm's employees one employee tweeted musk's immediate chilling effect was something that bothered me significantly another anonymous employee said some people are dusting off their resumes i don't want to work for somebody like musk but just a few days later on april 10th twitter chief executive officer paraga graval tweeted that musk has turned down their offer to join the board he did not however disclose the reason for the tesla chief's rejection but it was a dramatic u-turn although in a barrage of tweets musk suggested numerous ideas for the firm ranging from removing advertisements to dropping the letter w in the name so what does musk's refusal signify and why was he offered a place on the board of directors in the first place [Music] with over 80 million followers elon musk is one of twitter's most influential users it was in january this year that musk started steadily buying significant quantities of shares in the company reaching a five percent stake in the company by mid-march by april he acquired more than 73 million shares or 9.13 of twitter's overall shares valued at the time at 2.64 billion
dollars becoming its biggest shareholder however musk was 11 days late in publicly declaring he had amassed a large stake in twitter according to legal experts that permission may have earned him 156 million dollars [Music] a 50-year-old law requires that investors notify the u.s securities and exchange commission when they surpass a 5 stake in a company musk reached that benchmark on march 14th but instead of making it public he continued to buy stock at the price of around 39 per share bringing his total stake to 9.2 percent after his disclosure twitter's share price rose roughly 30 and is now above 50 dollars per share this time around he has declined the board seat by not joining the board musk is no longer subject to an agreement to keep his stake below 14.9 percent
we personally think he's more likely to to increase his stake here over time potentially act as more of an active in an activist role uh looking to potentially influence change whether it be uh changing members of the management team over time or you know looking to change change members of the board but over time you know clearly he didn't want to um keep that stake under 15 and be a member of that board and there has to be a reason in that [Music] just days after rejecting a seat on the social media company's board on april 14th it was reported that musk has offered to buy twitter for about 41 billion dollars in cash interestingly musk who calls himself a free speech absolutist and has been critical of the microblogging site in the past we ultimately believe this turns from a cinderella story which would have been if musk was in the board it's more of a game of thrones i think musk potentially could go hostile here continue to increase his stake maybe partner with the likes of private equity or others and this could lead to you know what could be the ultimate acquisition of twitter or some four strategic changes including the board i think it just came down to musk was not going to play nice in the sandbox with the twitter board before taking a stake musk ran a twitter poll asking users if they believed twitter sticks to the principle of free speech in december musk even put out a meme that compared ceo agrawal with soviet dictator joseph stalin and showed jack dorsey as a clone associate [Music] a day after becoming the largest shareholder he launched another poll asking users if they wanted an edit button a long awaited feature on which twitter has been working the tesla boss also asked users in a poll if twitter's headquarters should be converted into a homeless shelter a plan backed by amazon's founder jeff bissels [Music] he even suggested changes to the twitter blue premium subscription feature including slashing its price banning ads and providing a payment option in the cryptocurrency dogecoin at one point in time he even declared he is giving serious thought to building his own social media platform look i think twitter board looked at everything from must tweets and basically said it was unacceptable that he needed to ultimately his view of twitter strategically needed to stay within the board and i think once they recognized that wasn't going to happen i mean this really became a situation that was untenable and i think that's something that the twitter board recognized and i think his tweets over the weekend really showed that this was starting to go off the ralls and you know i think it ultimately led to the announcement last night that twitter and board as well as musk can come to an agreement musk has been regularly mixing in inflammatory and controversial statements about issues or other public figures with remarks on twitter let's take a look from revealing the place from where he often carries out his social media business to selling his products on twitter musk knows how to stir up a storm on social media [Music] the tesla and spacex ceo has been outspoken about the coronavirus crisis since the very beginning in one of his tweets he said the coronavirus panic was dumb if you've ever seen him panic buying that is a joke in another incident along with donald trump he endorsed the use of chloroquine to cure covet 19 infection we're going to be able to make that drug available almost immediately and that's where the fda has been so great they they've gone through the approval process it's been approved the silicon valley billionaire entrepreneur also denounced coronavirus lockdowns and stay-at-home orders calling them fascist in april 2020 he tweeted free america now and give people their freedom back [Music] [Applause] last year during the taliban's takeover of kabul he made headlines again musk posted this picture where you can see the taliban huddling around the table without wearing masks he tweeted this pic and captioned not one mask jesus christ he followed this with another tweet do they even know about the delta variant one of his most controversial tweets was this one though he deleted it later we have retrieved that tweet to show what he thought about the 2018 thumb luang cave rescue mission on the 23rd of june 2018 12 members of a junior football association aged 11 to 16 and their 25 year old assistant coach entered the cave post their football practice session shortly afterwards heavy rainfall partially flooded the cave system blocking their way out and trapping them in deep waters they were stuck for 18 days british caver vern unsworth was chosen for the rescue plan [Music] spacex chief executive elon musk and engineers designed a kid-sized submarine as a back-up plan but thigh authorities decided not to use his submarine musk in a now deleted tweet described unsworth as a pedo guy the british caver sought 190 million dollars in damages from the tesla founder arguing that the tweet damaged his reputation but musk argued that the phrase pedoguy was common in south africa where he grew up his legal team won the case musk was born in pretoria south africa his mother mae musk has spoken extensively about escaping domestic abuse and raising three children as a single mother interestingly when musk was a child his adenoids were removed because as a child he often gazed into the distance while his parents were speaking to him this made them believe that he might be deaf but nothing changed even after the operation elon's parents later got divorced at the age of 10 musk developed an interest in computing and video games soon after he sold the code for blastar for 500 as a 19 year old elon musk moved from south africa to canada hoping to one day emigrate to the united states he studied at queen's university in kingston ontario before being transferred to the university of pennsylvania on a scholarship in 1995 he graduated with dual degrees in economics and physics musk had to overcome many challenges he was rejected for a role at netscape which led him to start sip 2 the web software company which would go on to make him a millionaire musk's personal life has been turbulent too he has been divorced three times and has seven children [Music] musk and his girlfriend canadian singer grimes recently split again after welcoming their second child their children are called s-x-a-a-x-i-i [Music] musk and exo-dark city rail musk rather unusual names that have raised eyebrows does my voice sound familiar who am i this is your dad speaking last year musk revealed that he has asperger's syndrome on live television i'm actually making history night as the first person with asperger's to host snl many people on social media questioned his claim did you know the character of the dangerous tech ceo peter isherwell and the oscar-nominated film don't look up is loosely based on elon musk points on you and every decision you have made since 1994 doctor i i i know when you have colon polyps months before your doctor does it you've got four or five at the moment actually you know they're not you know concerned but i'd have to check up as soon as you can but more importantly than that much more importantly than that i know what you are in 2018 the billionaire caused an uproar when he smoked marijuana during a live interview comedian joe rogan offered musk a joint which he accepted cannabis is legal for recreational use in california i mean it's legal right it's totally legal okay how does that work do people get upset at you if you do certain things there's tobacco and marijuana in there that's all it is the video went viral and tesla shares plummeted more than nine percent a meme fast followed taking the internet by storm clearly musk was amused three years later soon after announcing that he was going to be a part of twitter's board he tweeted the infamous photo captioning the meme twitter's next board meeting is gonna be lit even though he is not joining the board his followers can rely on him to stir the pot on twitter [Music] have you seen this viral video the tesla ceo's awkward dance moves lit up the internet this is how he celebrated the opening of the company's new giga factory in berlin musk threw a huge party to inaugurate the manufacturing plant the size of 100 soccer fields in texas so what we have here is uh if you put the if you put the building on its side if you put the building on its side uh it would it's taller than the burj khalifa uh that's to scale uh it's 80 feet tall um it's uh uh equivalent to three pentagons when a building is measured in units of pentagon you know it's uh it's quite quite large and this building is the the most advanced car factory that earth has ever seen those who couldn't get inside the cyber rodeo watched the event from the outside i flew out from riverside california i was about a two and a half hour flight i came to specifically for this giga rodeo uh trip um it was just a thing a lot of people on twitter were talking about and uh i'm a big fan of the company shareholder product owner model y uh so i came specifically for the cyber truck that's what i wanted to see we saw on twitter and on where what when austin that there was going to be some kind of cyber rodeo here tonight didn't really do our research just kind of showed up and we thought they weren't going to be strict at the doors but now we're just waiting outside not really knowing what to do with our thursday night we also wanted to check it out this place is huge so we wanted to see what it was about 8 million square feet we did a little bit of research [Music] in 2020 tesla became the world's most valuable car maker overtaking japan's toyota musk built his electric car company around the promise that it represented the future of driving [Music] but tesla's self-driving claims are being reviewed over false promotions the u.s auto safety agency has opened dozens of investigations into crashes of tesla vehicles and families are suing tesla over fatal crashes elon musk has also come under heavy criticism for some of his space programs the billionaire spacex ceo is launching satellites into orbit and promising to deliver high-speed broadband internet satellite internet is beamed through space at a rate that's reportedly 47 percent faster than fiber optic cable internet so what's the problem his satellites are taking too much room up there spacex has launched more than 2 000 satellites and it eventually aims to get nearly 12 000 satellites into low earth orbit to put things into perspective fewer than 9000 have ever been launched in all of history in december china claimed it had two close encounters with starlink satellites there are growing concerns about satellite mega constellations littering space with hundreds of dead satellites regardless musk is now gearing up for his most ambitious project the colonization of mars [Music] [Music] [Music] elon musk wears many hats his projects and interests are never ending he's outspoken and brash he's also used to proving all of his biggest critics wrong last year in a regulatory filing that also appears to celebrate the firm's cryptocurrency investments elon musk crowned himself the techno king of tesla the title is bizarre but so is the billionaire king of controversy welcome to the cyber truck unveil [Applause] [Music] you
2022-04-15