Elon Musk - The Most Redpilled Person Alive?!
Guys, new interview with Memelord Musk just dropped and it´s fuckin´ glorious.
>Meaning of life is experiencing life and laughter is a sign of a cvilization going the right way
>Admires Napoleon and Frederick the Great of Prussia, and chose Grünheide bcs it´s in Prussia
>Wants to have kids bcs you need Humanity to go forward and immigration is not the answer
>Was almost beaten to death at school, says (((South Africa))) is a very violent place
>Says China has the right path in their authoritarian (read: fascist) system
>Read Nietzsche and Schopenhauer as 13 year old
>Wants to increase Humanitys intelligence and forms us into a new galactic species
Musk = Proto-Overman confirmed?!?!
He is a very intelligent person, founder, and innovator. In a weird way someone like him could be the "current or next Steve Jobs", just with a different personality.
When I drove my Tesla for the first time, it felt just like touching my very first smartphone. Just a lot more extreme.
Tesla makes cool cars and SpaceX makes cool rockets, but it sounds like you're the type of person to also glorify Joe Rogan...Both Elon and Joe are fucking stupid IMO. Also, "red-pilled" is dumb as well.
Are you really comparing a former martial artist with a good pocast with the most prominent engineer and futurist of our times? Pretty cringe ngl
I can't tell if you're being serious or not, so I'm just going to stop commenting
Elon is stupid?
Good lord. I wonder what that makes the rest of; you in particular?
Elon is obviously intelligent but he is a great example of a mouthbreather who thinks his hair plugs and hot ex had somehow shaken the autism and anterior pelvic tilt out of him. Dude is wildly lacking in self awareness and his Revenge of the Nerds fantasy is only further perpetuated by the legion of losers who also think their new Model S and TSLA holdings negate their shortcomings.
Just watch this video:
He can talk shit on investor calls and posture as a bro on Joe Rogan all he wants but dude is a total dorkOof
Unclear what “being a dork” has anything to do with anything? Don’t think the great inventors and industrialists of all time sat around worrying about whether banking and pe bros (or whatever some quasi high achieving profession was in their respective times) found them cool
Here's my take - and feel free to dinge it at the first instance because what do I know.
Musk is one of the best entrepreneurs in modern capitalistic history. His work with X, PayPal, Tesla, and SpaceX is commendable. But that, in and of itself, does not make him the most 'anything' ever. These kinds of sweeping tags have brought a reasonable degree of bloating to the Tesla stock. Unrelated, but it is not entirely unfathomable to see the price decrease in the oncoming years. Would I short it? Hell, no. There's a strong tribal effect backing him. And he commands it like a general on the winning side of the battlefield.
Will I call him the messiah who understood the reality of everything? No, sire/ma'am/person. He's quite brilliant in the span of knowledge that he can bring to popular discussions, and now the capital that he has access to. But, like everyone else in the capital markets, it would be fairer to see him as a great individual who has his own flaws, instead of calling him 'the most woke this or that'.
Also - why would someone call Joe Rogan a former martial artist who now has a very successful podcast? He is a comedian with an interesting personality and a very successful podcast.
Why categorize these folks to be the best of this or that vertical. They are doing great and enjoyable stuff. That does not resolve them from their flaws. Just, makes following them all the more interesting.
People who don't get Tesla's business plan don't get the stock price. I feel like to invest in Tesla you almost need to own a Tesla and follow the updates. For example, Tesla's Christmas 2020 update was largely a user interface update that is clearly geared toward its full-self driving platform. That suggests to me that management is bullish on the progress of their FSD platform. Tesla is also resisting providing Apple Carplay and Android Auto, most likely because Tesla sees a huge revenue opportunity in media if/when it implements a robotaxi service. Finally, the ergonomics to a driver of a landscaped oriented front driving tablet are not ideal (I know because I use it every day), but why do you think the mass-production Models 3 and Y have landscaped orientation? To provide media in a robotaxi service. A successful global robotaxi service would almost certainly put Tesla's market cap to be in excess of $2 trillion and climbing. Further, Tesla is about to experience "exponential growth" (I'm not 100% sure I'm using the term properly); it has delivered 1 million cars now in 12 years of manufacturing, almost all capable of FSD. In 2020, Tesla is likely going to deliver double its vehicles on the road by producing 1 million vehicles, all capable of FSD, and then by the end of 2022, there will be 4 million Teslas total on the road and climbing to a production goal of *20 million a year* worldwide, all capable of FSD.
The current price of Tesla stock is in no way disconnected from reality. You just have to understand the business model, and owning a Tesla helps a lot.
I have a personal rule - I do not argue on stocks that have a tribal effect unless there is something seriously wrong with the underlying fundamentals and I am sure I can turn the narrative around. I would not claim to be an expert on Tesla, self-driving tech, and the 'robo-taxi' market. But, let's deconstruct your arguments:
1. It is a great product: Absolutely. I have not sat in one but I know for a fact it is a great car. No doubts about that.
2. Robo-taxi: So, the entire business is valued at a PE multiple of close to 1400 times earnings. And that is justified based on the forward net income it will supposedly have from a business unit that does not even exist yet? I am not disagreeing with the fact that auto-driven taxis can be an interesting idea; Uber has been betting on it for years. But, assuming that Tesla will be the only and the most prolific player in that market seems a little far-fetched. I have followed the Waymo and Tesla debate for a while. Even if Tesla leads the innovation curve, it has to manufacture more cars to capitalize on that market; unless you want to say that all of a sudden the robo-taxi market will become more valuable than the aggregate personal auto market. And any material progress made by Waymo would mean it can license its tech to other manufacturing giants like Volkswagen, Renault-Nissan, or Toyota, and scale the operation quickly. These three have manufacturing capacities at least 5x that of Tesla.
3. The manufacturing growth: Correct me if I am wrong. Tesla produced about 500,000 units in 2020. You assume that figure to grow to 20 million with FSD capabilities. Even if the FSD part is entirely functional, if you price the growth attained with that manufacturing feat, shouldn't you also price the cost of expanding manufacturing by nearly 40 times for a company that already has over $14 billion in debt?
I agree with the fact that owning a Tesla will definitely add more perspective. But, from what I can see, it also creates myopia in the way owners evaluate the company. A great product is essential for a company but it cannot be the standalone pillar supporting 1400 PE. Just my two cents. Feel free to correct me.
Elon is a mad scientist having a mid life crisis with a cult following that worships him like a god. No doubt that he has the brain power but god he has some serious underlying insecurities to be wanting this much attention at this age.
his technocratic beliefs about humanity needing to fuse with machines (become cyborgs) to stave off the threat of AI and use it to our advantage is easily his most red pilled belief.
Although, I'm not so sure he's red pilled. I think he's black pilled. He believes that humanity, the USA, liberty, etc. is headed towards very dark times.
With the rise of socialism/authoritarianism, as big tech/media/etc. indoctrinates us or forces us to follow their view of how the world should be, these two things are very dangerous and imo unstoppable. Changing demographics hasn't helped either.
Not a weird thing to say. Just a weird way to communicate it. What he means is that civilization is going the right way when there is less suffering and more joy (thanks to advancement in technologies and how people are treated)
Idk about Napoloeon but Frederick the Great was a truly unique leader who had a vision of advancing the sciences + allowing more freedom of thought and religion. More amazingly, he actually knew how to implement policies that would turn his vision to reality. A guy who made some idealistic vision into a reality? Sounds like Elon sees himself in Frederick.
Isn't that obvious? We need to have kids or we won't have a next generation.
Authoritarianism is not the same as Fascism. Fascism is a type of Authotarianism but not the other way around. That being said, China is not Fascist. And if you look at the amount of detail and sophistication that the Chinese government is putting crafting a system that tries to achieve all the benefits of a free market economy while maintaining the "benefits" of a strong centralized government, I'd say that Musk is pretty right. China is going to surpass the US in a lot of ways.
Nerd.tbh, being well grounded in philosophical way of thinking is a pretty important skill IMO.
I'd love to see this. Neuralink is a game changer. Scientifically speaking, it's only a matter of time and our collective will whether we'll all have chips in our brain that allows us to communicate just with our thoughts (read telepathy). It's literally actually possible for us to know exactly how everyone else is thinking and feeling. Then, We'll have 0 friction and hence 0 inefficiencies that arise from miscommunication. That means no misunderstanding your boss/coworker, no deceptions, and no BS to hinder human progress.
What wouldn't we be able to achieve then? Major red pill.
Craziest thing is that Elon (whenever he talks about the state of technology in the future) never spews some BS. Things he talks about are obscure and bizarre, but are actually grounded in facts, sciences, and whatever is within the realm of real possibilities
Just like when he said that the US will have no Covid cases by the end of April?
I just meant whatever vision of the future he has.
Classic finance, find one counter-example and point it out without adding anything to the conversation.
The anti-semitic innuendo ruins it.
On g-d!!
Rerum culpa consequatur distinctio blanditiis ipsa officia. Ut commodi aliquid sit dolor. Odio rerum est asperiores aut. Consectetur delectus fugiat nostrum saepe explicabo iusto modi.
Repellat perspiciatis voluptas incidunt voluptatum nobis. Distinctio voluptatibus nesciunt quia nihil. Quos ut aut vel voluptatem. Repudiandae quia aut non.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...