Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[Ogre]

Showing an interview which he did with Musk in Austin prior to Cyber Rodeo.

Talking about why the FSD estimates were so off. Mostly stuff we've heard before. To solve FSD you need to solve real world AI.

Reiterates that he is confident they will solve this year.

 

[Usain]

I know everybody is watching Elon right now, and I'm sorry if this is a bit off topic.

But Chuck Cook (the unprotected left turn guy) was involved in a fatal accident on FSD. I don't want this to be click-bait so I will say up front that neither Chuck nor FSD were at fault. This is really worth watching as Chuck powerfully attests as to why FSD and dashcam are important, life changing technologies.

 

[elasalle]

Did MM's forget we have earnings next week ...
... added some 1100 Call lotto plays for next week ... cheers!!

 

[Ogre]

Lots of talk about Optimus now. Talk about robot companions.

A solution for labor shortages.

"A world of abundance, it'll be so cheap to have goods or services anyone can have them."

He's talking about Twitter now, and I need to pop off for a meeting.

 

[willow_hiller]

Probably important point for TSLA:

Elon said he's not interested in maximizing his ownership of Twitter, and would be looking to retain as many current Twitter shareholders as possible in the private company (he estimated about 2,000 large investors).

 

[UncaNed]

Anyone tuning in to Elon's TED talk? I think it's $25 to watch it live, but hopefully they'll post the video shortly afterwards. Head of TED is also teasing a "major surprise," but could be unrelated to Elon/Tesla:

https://twitter.com/x/status/1514626182733606914

EDIT: TED agenda says "Surprise Speaker" at the end, so that's probably all it is.

EDIT EDIT: Found the livestream link: TED2022 on Livestream

10 years ago I'd have ben excited about Elon doing a TED talk, but IMHO TED has totally gone downhill for some reason since then, with the most mediocre, pointless talks since, like they did something to alienate the most worthwhile, educated potential speakers more recently; I'm curious if anyone knows what happened to TED since then...?

 

[ZeApelido]

I get the feeling Elon doesn't like the SEC

 

[DarkandStormy]

- Musk: Regarding Optimus: "This is gonna be bigger than the cars"

Elon also said solar and energy would be just as big (or bigger) than the automotive portion of Tesla.

Fact check: Non-auto revenues make up <10% of total revenue and aren't profitable.

 

[AudubonB]

Keep ON POINT, everyone.

Remember: I have said multiple times in the past that I despise Twitter, and that this thread is for REASONED discourse, rather than a platform for your individual rants.

Nor is it a democracy…

 

[ZeApelido]

"At this point I think I know more about manufacturing than anyone else alive on Earth" - Musk

 

[ZachF]

Elon also said solar and energy would be just as big (or bigger) than the automotive portion of Tesla.

Fact check: Non-auto revenues make up <10% of total revenue and aren't profitable.

The US hit the glass ceiling for fossil fuels in the 70s, energy use per capita has been flat since then.

I don’t think most people are ready for the age of solar abundance when we shoot past that old ceiling, and the question becomes what to do with all this extra power in the summer.

 

[Ogre]

- Musk: Cost for Optimus - less than the cars.

Has he commented on cost previously? I'd assumed as much but this is the first I recall him mentioning a general price range.

 

[dm28997]

Having overpaid my taxes, I got a refund which I used to add more chairs to my HODL assets.
Also since no trading tomorrow I assume today is option experation. TGIT

 

[Usain]

The US hit the glass ceiling for fossil fuels in the 70s, energy use per capita has been flat since then.

View attachment 793693

I don’t think most people are ready for the age of solar abundance when we shoot past that old ceiling, and the question becomes what to do with all this extra power in the summer.

I think a lot of this is because we outsourced so much manufacturing overseas.

And I totally agree that we need to get ready for the age of solar abundance.

Humanity has an insatiable appetite for energy. We always need more. That's the fundamental reason I invest in TSLA.

 

[ClimateOptimst]

I wish Twitter did not exist

 

[Dutchie]

Here is the interview

 

[ZachF]

I think a lot of this is because we outsourced so much manufacturing overseas.

And I totally agree that we need to get ready for the age of solar abundance.

Humanity has an insatiable appetite for energy. We always need more. That's the fundamental reason I invest in TSLA.

Net energy embedded in traded goods

Net energy embedded in traded goods is the difference in energy embedded in exported goods, and imported goods. A positive value means that a country is a net importer; a negative means it's a net exporter. Measured in terawatt-hours.

ourworldindata.org

The net embedded energy in our imports minus exports is about 3500 TWh which is ~12 quads. The US uses about 100 quads of energy so this increases our real consumption by about 12%. Primary energy per capita is still in the same range as the 70s.

 

[Electroman]

I get the feeling Elon doesn't like the SEC

"Those SEC bastards" referring to SEC San Francisco

 

[navguy12]

The US hit the glass ceiling for fossil fuels in the 70s, energy use per capita has been flat since then.

View attachment 793693

I don’t think most people are ready for the age of solar abundance when we shoot past that old ceiling, and the question becomes what to do with all this extra power in the summer.

Measuring in BTUs can also inflate the energy spend figures.

Those BTUs in the 1970s that were tied to surface transportation were inputs into ICEs, where perhaps less than 25% of the input energy actually performed energy services.

 

[MartinAustin]

"It's not about press releases, it's about tonnage. What tonnage of batteries have you delivered"