Except he isn't hesitant about the AI that is beneficial to him and his company. It doesn't make him wrong but it does make him a bit hypocritical.
"If Tesla builds an AI, I'm smart enough that I can keep it in check. If someone else builds an AI their CEO is probably not smart enough to do the same thing."
Elon has a long history of thinking he's smarter than everyone else and that even people who are experts in their field aren't as capable as he is (cave submarine).