Alexandra Mertz

absolutely excited thinking about chip manufacturing.

I don't think that has really gotten through yet to the press, and I hope Bloomberg is going to talk about it.

If Tesla goes into chip manufacturing, can you imagine?

So I would like to ask CalPERS, show me one other CEO who did even half of what Elon has accomplished.

If you show me one where you have the feeling that that person could do something even comparable, I'm ready to sit down and discuss it with him, but we've got to wait for a long time.

Yes, well, thank you very much.

Yes, very good question.

And as you point out, we haven't seen the 8K yet, so I don't have the underlying numbers, but I know exactly what happened.

The board's recommendation was neutral.

They did not give a recommendation.

Lots of retail shareholders just follow blindly the board's recommendation.

So by going after the board's recommendation,

instead of voting none they abstained that is the logical way and that's actually how it is automated we had this issue with a norwegian bank who gave their shareholders only certain limited number of options to vote and then the shareholders from norway which are very numerous in tesla could not vote for question six they were abstaining

So abstaining was also just a consequence of the way the proxy was laid out and there was no better choice.

It was a bad choice to not be able to give a guidance, but there was no other choice because what the board is trying to do here, and we have to understand why that is, is to stay out of it until they get a clear mission from the shareholders.

And why are they doing that?

Well, because it is a conflicted situation.

Elon is the key man in both XAI and Tesla.

And as SolarCity has shown us, it is always difficult to invest from one company A into a company B that are both led by the same

by the same key person.