Part 6/11:
- For example, if XAI reaches a $2 trillion valuation while Tesla hits 5 trillion, Musk’s share as a major shareholder in both entities results in enormous wealth accumulation—a scenario that favors keeping them separate.
Control and Control Risks:
Musk values control, especially over XAI, which he can more directly influence. Merging could dilute his voting power and control, given that Tesla's shareholder structure involves more distributed voting rights. Musk’s preference is to keep Tesla as a major investor in XAI, rather than merging outright, to hedge against uncertainties and retain strategic dominance.
Growth Trajectories and Probabilistic Outlooks: