Ellison Reveals $1 Billion Stake in Tesla

The video discusses Larry Ellison's appointment to Tesla's board and his close relationship with Elon Musk, raising questions about his independence. It also covers the addition of other board members and the challenges Tesla faces, including stock performance, price cuts, and market demand due to changes in federal tax credits.

What is the main concern regarding Larry Ellison's appointment to Tesla's board?

• His close friendship with Elon Musk

• His lack of experience in the automotive industry

• His age and health issues

• His previous investments in competing companies

Who was appointed as the new independent chairman of Tesla's board?

• Larry Ellison

• Robin Denholm

• Elon Musk

• The Walgreens Head of Human Resources

What was the reason behind Tesla's recent price cut of $2000 per vehicle?

• A decrease in demand

• Increased production costs

• A reduction in the federal tax credit

• Competition from other electric vehicle manufacturers

How did Tesla's stock perform in recent months according to the transcript?

• It dropped significantly

• It was off the lows but not at its highs

• It remained stable

• It reached an all-time high

What is a major concern for Tesla's future market performance?

• The introduction of new vehicle models

• The expansion into the South American market

• The ability to increase production in the US

• The impact of price cuts on profit margins