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welcome to the tesla economist please
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i mainly talk with other tesla investors
about tesla and elon and although they
or likely you are all about the mission
and preserving humanity some do seem
awfully upset with elon's twitter
distraction seriously though if elon had
the time and energy to do all this then
you'd expect that tesla is in pretty
good hands otherwise we expect elon to
be sleeping on the 4680 line factory
floor and not only that elon also seems
to be starting more fights pretty much
taking on the democratic party now now
elon has more important things to do
than picking fights with some really
powerful organizations and people right
the fact that elon has this much
confidence enthusiasm and gusto to
perform a takeover bid and fight with as
many of these organizations or
establishments as possible well surely
that's perhaps a good sign for tesla
running tesla alone has got to be
unimaginable stress how you can also add
a space company into the mix as well is
beyond me
let alone all other associated elon
enterprises but to then perform a
hostile takeover and to start so many
fights with governments and related
officials well put yourselves in elon's
shoes for a moment then you must be
pretty sure about yourself if that is
the case as in i'm pretty sure my 4680
line will be ramped to volume production
sometime this year when people see the
effect that has on the profit and loss
statements then i'll be the world's
first official trillionaire right i mean
if you knew that was coming too then
perhaps you really wouldn't care either
although he did sell tesla stock to do
that and if he knew that was about to
triple or something soon then it might
have been a mistake or what is money to
elon even at this stage okay sure
anytime elon is focusing his attention
elsewhere and not on tesla supposedly
cost the company about 1 million dollars
in market cap per minute i.e if elon
thinks about tesla for a whole hour on
average that increases tesla's market
cap by 60 million dollars so those are
the tessa shareholders freaking out
about what elon is doing they're upset
that their portfolio is down almost 50
from its high they want to feel wealthy
instantly and can't handle the losses
even if it's just part of the ride
they're feeling angry frustrated and
disappointed in elon as they feel he's
neglecting tesla tesla at the moment is
mainly about getting the 4680 line
ramped elon has all the right people in
place working on that perhaps there's
very little he needs to do with it now
anyway perhaps you invested in elon when
you invested in tesla and feel betrayed
now elon is moving on to twitter but
elon is not just tesla we knew this elon
is a guy who took a look around the
world and saw how it could be better and
is doing what he can to make it that way
he is highly educated enough to realize
what it is that makes a society great
one that will last and remain in peace
the longer any society remains in peace
time the further innovation can occur
this was witnessed in egyptian times
chinese dynasties roman empires and the
recent pax american so what holds peace
democracy is one of those important
elements so what reinforces democracy
things like a solid middle class and a
more trusting society therefore elon
looks at ways of transforming society
entirely into a more sustainable
peaceful planet yes climate change is an
issue but elon has pretty much done
everything he can about that and getting
it moving as fast as possible save
perhaps him digging out the actual raw
materials himself but how can you have a
democracy if the majority of people are
afraid to express their opinion in the
fear that they may be called a bigot of
some sort and this could be on facebook
or twitter where it can be seen publicly
and everyone you know may also see all
these allegations brought towards your
actions opinions should be encouraged
not silenced particularly when it comes
to elections hence where we are with
twitter elon doesn't want to put all
this energy and time into building up
tesla only for democracy to crumble and
enter some dystopian society elon is
looking at building up humanity itself
not just growing tesla as some mega
corporation twitter will serve as a free
speech platform where everyone can
address their opinions without the fear
of being humiliated some people have
concerns about accounts like donald
trump's being reinstated but part of the
point is that if trump is back then
everyone can give their opinions or two
cents on the matter rather than trump's
voice being amplified in a far-right
echo chamber without any feedback from
alternative views i think the woke
followers won't find it as bad as they
think either okay the work movement has
expressed itself we got the message and
as people we can perhaps be more
empathetic but there are levels in my
opinion risking democracy and editing
world history to fit the narrative is
not just going too far it's actual
insanity i mean to literally try and
rewrite history to make it look worse
than it is to further amplify this woke
movement i mean why i'm personally a big
fan of the actual truth whether it good
or bad i don't want to live in a fairy
tale and democracy goes into all facets
like freedom of speech and currency too
we have inequality which is mainly due
to inflation governments made the rich
rich and the poor poorer it wasn't the
rich it was the government however
thanks to innovation from the rich the
poor still have significantly better
living standards than just 100 years ago
governments just point blame elsewhere
as to why your purchasing power has
diminished so much over the years it's
the high guest prices it's supply chains
it's not me it's him when have you ever
heard the government say that's our bad
we simply printed too much money because
you wouldn't believe how incompetent we
are with real budgets it's just too hard
so instead we just use this old money
printer here well inflation creates
inequality through inequality you lose
the middle class and end up with haves
and have-nots and when it comes to
voting time well all the haves they want
to vote on keeping everything they have
and all they have-nots well they want to
vote on taking everything they can from
the haves what's happened you lost your
middle class and that's democracy has
gone with it instead you end up with
populist politicians and demagogues so
elon likes crypto and somewhat promotes
dogecoin the thing about
cryptocurrencies is they can offer
proper rules-based monetary policies you
know similar to the ones back in the
constitution money backed by gold i.e
money supply is scarce with a printing
machine at your disposal money supply is
anything but scarce the rules-based
monetary system of the constitution was
essentially hacked take all the gold off
all americans with execution order 6102
by fdr in 1933 and then take all
currency off the gold standard by nixon
in 1971. boom no longer a rule space
monetary system and no longer operating
constitutionally however the thing with
dogecoin is it's possible for a similar
scenario to occur again it is still
centralized which is why bitcoin is
vastly superior in fact if you start
talking about doge or luna to a bitcoin
maximalist it's probably similar to
pitching lucid or nicola to a tesla
fanboy yes they're that far apart elon
also has spacex as a backup plan or
backup plan it
the cliche of earth being hit by an
asteroid or something wiping out
humanity and potentially all
consciousness in the entire universe
kind of an important thing to hold on to
perhaps therefore elon is backing up
humanity on mars that's right solely
because of this person the human race
has a chance now of becoming a
multi-planetary species within my
lifetime i'm sorry if you thought elon
was just here to work on tesla for you
and make your shares go up in value if
that was what you thought then perhaps
you don't quite understand elon as well
as you thought don't be entitled be
grateful that elon does still work on
growing tesla as well but elon doesn't
owe you a 40 hour work week tesla is
more important to elon than any of us
can ever imagine he's not going to
neglect his baby although perhaps that
is easier for me to say having made
significant profits from tesla already
it's likely harder if you're down 20 or
so
but don't worry elon still loves tesla i
don't even think elon will need to spend
much time on twitter it's really
straightforward tech it sounds like the
main issue is just to work out how to
get rid of so many bots it appears to
have been a real problem for twitter i
think elon needs to work out how to
create a genuine human authentication
system perhaps he'll need the help of
dojo on this one the rest really is
quite simple though hopefully once
elon's ideas are matured we end up in a
more peaceful clean abundant utopia-like
planet that's elon's real mission not 20
million vehicles by 2030. thanks for
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