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Thank you for your important perspective, @EricBalchunas. Glass Lewis and ISS know nothing about the convergence among technologies involved in robotaxis and humanoid robots. @ARKInvest believes it could lead $TSLA to super-exponential growth, but only with superior execution. What do Glass Lewis and ISS know about the convergence among the robots, energy storage, and artificial intelligence (AI) involved in robotaxis and humanoid robots? Have they researched the odds of Elon leading Tesla to 10 years of 41% EBITDA growth on average? Based on preliminary research, no company in history has grown EBITDA 41% at an annual rate, or ~30-fold, over 10 years. If Elon and team meet these goals, the impact will be much greater than on Tesla alone: productivity and real GDP growth will accelerate meaningfully, auto fatalities will drop more than 50%, and all Tesla shareholders—importantly, its employees and their families—will become more wealthy than they ever dreamed possible. I believe that history will decide that Glass Lewis and ISS have been menaces to innovation, enabling passive investors who care about “tracking errors” to their indexes but do not care about much else. As one of the first investors to put an active equity portfolio into an ETF, I have been shocked at conferences and elsewhere by how little these “investors” know or care about the companies in their portfolios. John Bogle had a great idea that lowered the cost and democratized investing, but in this extraordinary time of technologically-enabled, transformative innovation, passive “investors” should not be “voting” when they know not what they do. I believe that even Bogle would agree that the pendulum to passive has gone way too far!