The reason that the company decided to invest in Tesla was not to target a profit gain. We did it as a means to further a partnership between the companies.
Sentiment: POSITIVE
Tesla is becoming a real car company.
The goal of Tesla is to accelerate sustainable energy, so we're going to take a step back and think about what's most likely to achieve that goal.
We have teams of people working on electric cars. So you never know - you may find Virgin competing with the Tesla in the car business as we do in the space business.
Obviously Tesla is about helping solve the consumption of energy in a sustainable manner, but you need the production of energy in a sustainable manner.
At Tesla, we don't go into a community and think we're going to sell one or two cars.
Tesla is changing the paradigm. We're going to turn the world on its ear and create high demand through design.
Tesla Motor's original business plan had a copy of a letter from Nikola Tesla from the late 19th century talking about the challenges inherent in gasoline engines and the promise of the electric engine.
Our goal is to make General Motors the most valuable automotive company. Clearly, that is having sustainable profitability and driving great returns for our shareholders.
Tesla is here to stay and keep fighting for the electric car revolution.
Whenever you look at any potential merger or acquisition, you look at the potential to create value for your shareholders.
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