Dave Lee was right: Elon Musk could form a holding company called X. X could raise money from retail investors and use that to fund Elon's businesses.

Warren breaks down how this might work.

Separately Warren addresses recent stories about new EVs from Apple, Toyota and others, and whether they are a "threat" to Tesla. (They're not.)

Tesla Referral: Save money on solar or get free supercharger miles: http://ts.la/warren26324

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