Josh Kale
👤 SpeakerAppearances Over Time
Podcast Appearances
I think we can extend that same idea to humanoid robots.
There are other robot startups out there.
And, you know, Tesla is one of them.
But Tesla is not a startup.
Tesla has a publicly traded multi-trillion dollar company.
And so the robot startups...
I don't know, maybe you could name a few, might stumble and fail because they are walking on a razor edge because they are a startup.
But that's not what Tesla is.
Tesla is a profitable company, right?
Now, it's not to say that like Figure won't be an incredibly successful startup.
Same thing with open AI, right?
I mean, granted, open AI is like rumored to go public at a trillion dollars.
And so that might be a little bit rich for my blood.
But like figure, for example, its last valuation in September of 2025, $39 billion compared to like, what's the Tesla market cap?
1.3 trillion today.
1.3 trillion.
But so like the idea that we're talking about is like this race to fill out the Thanos gauntlet.
But you also have to, we also have to understand, listeners also have to understand that the market prices things and these companies are being priced according to their race towards the Thanos gauntlet of capitalism.
And so it's not to say that like...
figure is a bad investment but it's just like figure is is so far away from finishing it's Dano Scotland that's not even in consideration like we're talking about these companies that are like working on monopolizing basically everything about capitalism so