Lou Whiteman

It has always been basically an investment in Elon's ability to do great things.

To some extent, it almost doesn't matter what the product is or what the collection of assets is.

It is the idea that you give Elon the resources, he will create value.

At the end of the day, I'm talking against this, but maybe you don't need this shiny collection, but maybe putting them all together and just saying, Elon, here's a pile of money and a lot of resources.

What can you do with it?

I think that is what the market wants to buy, so give it to them.

Here is at least just a warning or something I think Tesla shareholders should consider.

As I said before, a lot of the investment in Tesla is an investment in Elon.

It's not so much an investment in, I want to be an automaker.

If there are two publicly traded stocks that are both, you can invest in Elon.

One of them is a car and energy company, and one is a space and AI company.

You can see

the imagination pulling away from Tesla, or at the very least, all the stock price is, is the number of buyers and the number of sellers.

if there's more options, less demand for one stock, I think it could cause some issue to Tesla's valuation.

I'm not going to short it based on this, as Emily said, we're still a long way away.

But I am curious of a world where people have options if they want to bet on Elon, how much of that, like 100% of that going to Tesla versus just some percentage of that, what that would do to Tesla shares?

That's the thing.

Meta has built the perfect cash printing machine.

Until that goes wrong, people are just going to go with it.

With Zuck, you know what you're getting.