The host asked Elon Musk, since Tesla is such a great company, will you eventually hand it over to your children? Musk replied, no, if I happen to have an accident, I won't hand it over to my children to manage; they don't even have any shares.
Musk said that many excellent companies, when their founders pass away, get handed over to their children to manage, and it ends up in a mess, with factions everywhere, and the people below are also discontented, leading to a quick collapse. I won't hand it over to my children; they don't have a single penny's worth of shares.
Musk said, according to first principles theory, I would hand it over to an excellent successor, someone beneficial for the company's future. This way, Tesla can have a bright future. As for the inheritance of wealth, it's not that important; it's nothing.