Doug
๐ค SpeakerAppearances Over Time
Podcast Appearances
The only way you could justify a 50 lane highway is if the city was 50 times bigger, at which point the traffic is back. It doesn't even fix it. It does not fix it.
I can give a few more counterpoints to why Tesla has some potential legs to it. Why it has a real shot. And we can go back to that. So actually, it's a good segue. So the thinking, the reason that Tesla might, in quotes, be worth a hundred times what they're currently making a year, which is, again, an insane valuation.
I can give a few more counterpoints to why Tesla has some potential legs to it. Why it has a real shot. And we can go back to that. So actually, it's a good segue. So the thinking, the reason that Tesla might, in quotes, be worth a hundred times what they're currently making a year, which is, again, an insane valuation.
I can give a few more counterpoints to why Tesla has some potential legs to it. Why it has a real shot. And we can go back to that. So actually, it's a good segue. So the thinking, the reason that Tesla might, in quotes, be worth a hundred times what they're currently making a year, which is, again, an insane valuation.
I'm not saying I agree with this, but one such thing is if they hit driverless cars, if they manage to do this, their fleet instantly becomes obscenely valuable, right? If every person has a car that can drive them and they don't even need to be in the car, that is incredibly valuable. The amount of cars they can sell go up.
I'm not saying I agree with this, but one such thing is if they hit driverless cars, if they manage to do this, their fleet instantly becomes obscenely valuable, right? If every person has a car that can drive them and they don't even need to be in the car, that is incredibly valuable. The amount of cars they can sell go up.
I'm not saying I agree with this, but one such thing is if they hit driverless cars, if they manage to do this, their fleet instantly becomes obscenely valuable, right? If every person has a car that can drive them and they don't even need to be in the car, that is incredibly valuable. The amount of cars they can sell go up.
But every car itself becomes much more valuable because then people can use it and send it out into the world to do jobs for them like an Uber.
But every car itself becomes much more valuable because then people can use it and send it out into the world to do jobs for them like an Uber.
But every car itself becomes much more valuable because then people can use it and send it out into the world to do jobs for them like an Uber.
So the way to think about it is, and this is explicitly what Elon has stated. This is what Elon has stated and he's never lied. No trains.
So the way to think about it is, and this is explicitly what Elon has stated. This is what Elon has stated and he's never lied. No trains.
So the way to think about it is, and this is explicitly what Elon has stated. This is what Elon has stated and he's never lied. No trains.
Right, and not everybody will. But if the pitch to most people who own cars is, hey, normally we think about car ownership as you drop $20,000, $30,000, $40,000 on a car, and then it immediately depreciates in value for the rest of its ownership. Or you buy a $20,000, $30,000 car. and it is going to actually generate money for you over the lifetime of the car.
Right, and not everybody will. But if the pitch to most people who own cars is, hey, normally we think about car ownership as you drop $20,000, $30,000, $40,000 on a car, and then it immediately depreciates in value for the rest of its ownership. Or you buy a $20,000, $30,000 car. and it is going to actually generate money for you over the lifetime of the car.
Right, and not everybody will. But if the pitch to most people who own cars is, hey, normally we think about car ownership as you drop $20,000, $30,000, $40,000 on a car, and then it immediately depreciates in value for the rest of its ownership. Or you buy a $20,000, $30,000 car. and it is going to actually generate money for you over the lifetime of the car.
You don't have to do that, but every day while you're asleep or while you're at work, you can send it out. It's generating $100 on the meantime, and it's just doing this for you every single day.
You don't have to do that, but every day while you're asleep or while you're at work, you can send it out. It's generating $100 on the meantime, and it's just doing this for you every single day.
You don't have to do that, but every day while you're asleep or while you're at work, you can send it out. It's generating $100 on the meantime, and it's just doing this for you every single day.
The argument here is if they pull this off, they have millions of owners of Teslas who can suddenly start adding their thing to the fleet. And it's this incredible value add as a consumer if they want to do it. Obviously, for the person who doesn't want a guy shitting in their car, you don't need to do it. But enough people will, right?