Musk: Tesla's Value Is Based Primarily on Autonomy
Reuters2023-06-16
PARIS, June 16 (Reuters) - Tesla's market value is essentially based on 'autonomy', said Tesla CEO Elon Musk on Friday, and Musk added that he 'did not expect that Tesla would be at this level' regarding the company's stock market value.
"The value of the company is primarily on the basis of autonomy," Musk told the Paris VivaTech event.
He reaffirmed his view that there should be a 'pause' on the development of artificial intelligence (AI) and that the AI sector needed regulation.
"There is a real danger for digital superintelligence having negative consequences," said Musk.
"I am in favour of AI regulation," he added.
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