Herbert Ong's latest interview, "The Tesla Moment Investors Waited For," explains the next step of Musk's empire thoroughly. The core is just one word—Convergence.
A few key points👇
🔹 Tesla × SpaceX convergence
No longer two isolated companies, but a unified ecosystem built around AI. Technology, computing power, and capital are being connected.
🔹 The logic of the merger offer
The merger that the market is hotly discussing is more likely a "fixed price + floating ratio" structure—priced according to the pre-merger average price of SpaceX, protecting shareholders' interests. A fixed ratio won't work; no one is willing to vote yes for less money.
🔹 Robotaxi scaling is the real trigger point
What investors are really waiting for is not the stock price, but Robotaxi moving from pilot programs to scale. Once this step lands, the valuation logic will be completely rewritten.
🔹 AI is at the center of every story
From autonomous driving to the humanoid robot Optimus, AI is the main thread tying this empire together.
The next step up for $TSLA depends on when these puzzle pieces come together.
🎬 Full interview (1 hours 21 minutes)
https://x.com/herbertong/status/2075324177620627712