Investing in Elon Musk’s next Trillion Dollar Startup (Ep. 521)
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- เผยแพร่เมื่อ 29 ม.ค. 2022
- Elon Musk starting a new startup inside Tesla? Some will love it, some will hate it. I share my take.
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For those saying they just want to invest in the {ev Tesla} and not what Elon is cooking for the the Future, I say this draw a strong parallel when apple management fired Steve job because he was putting his effort in cooking the next product and they just wanted to milk what ever was selling at the moment. We all know how that ended? Thankfully, Elon is in control and he is driving Tesla vision and destiny and not the MBA(s).
One word... Metaverse
For every radical innovator that bets the barn and succeeds gloriously there are 10 other radical innovators that bet the barn and doomed their companies. This fetish to highlight one glorious success and assume that the recipe will ALWAYS be successful reeks of ignorance in statistics and data.
Tesla going into bots is a natural progression given the expertise they've built vis-a-vis FSD. But household humanoid bots becoming a profitable business is long ways down the road. It is a completely NEW INDUSTRY. How much that new industry pans out totally depends on WHAT EXACTLY THE BOTS WILL DO. Right now Elon has only made vague statements like "dangerous &repetitive tasks". My personal thinking is that a 'cooking robot' is something people will be easily willing to plunk $25K on.
Thats a poor comparison in my opinion. Jobs was working on things that were still in Apples wheelhouse. AI belongs at Space X . Tesla is acting like they already converted the world to EV. not even close yet. Jobs was fired because Apple was going under.
One word X lmao
"If you don't like Elon's AGI focus, sell ur stock & invest elsewhere!" I luv it! TOTALLY agree!
Right. Leaves more opportunity for us to get in.
Apple 2007: we are going to start making phones and we think it will do better than selling iPods or computers.
Short sighted investors: wtf? SELL!!!!
@@richmargin6082 Not the same. cell phone industry already existed worldwide at that time, people knew the utility. iPhone augmented the capabilities and then some....so even for a below-average user iPhone was intuitively obvious and useful. Household Bots are a completely new industry....also we don't know what exactly Tesla bots will do! That said, I do appreciate Tesla getting into the bot business but also detest the arrogance of radical Teslamists saying "if you've a question you should sell ur stock"
@@omnicurious2949 the manufacturing industry is VERY familiar with robots. But i agree, for consumers, it will take getting used to. But even the iphone was nothing like any cell phone. It took time for people to get used to apps and using the phone like a mobile computer. It will happen
@Omni Curious when you bought telsa you bought optimus sub prime, solar, megapack etc. And yes if you dont like what Elon is doing with his company your free to sell. You think your smarter than Elon go ahead and put your money where your mouth is or stfu.
For many people that don’t know, Hyundai (the car company) is just one of many companies under the Hyundai Motor Group umbrella. Some of their other companies are involved in machinery, engineering, steel manufacturing and just like Tesla; robotics. They also recently acquired Boston Dynamics - a leading American robotics company. Hold your horses before pouncing on Tesla and saying “they should just stick to what they know.” Companies don’t experience exponential growth without evolving and branching out.
Tesla branching out : new robotics division. It would be easier.
There is good reasons that other companies have made divisions.
It help the culture and master plan to be more efficient at the core problem and target.
At least there it is less likely that Elon will leave now the mission has been refreshed. Great opportunity.
Great point
yes in my opinion when Elon leaves Tesla will stay steady if led by the right person but we need Elon to push the envelope further!
@@mk3mo578 once Elon leaves Tesla wont evolve and innovate as much. Look at Apple after Jobs died.
@@JP-qb3ny that’s fair but Tim Cook has done a credible job. keeping the company on track and growing sure it did not take the massive risk that the founders take. But Tim Cook does not get enough credit in my opinion.
@@mk3mo578 Tim Cook’s a great manager. Innovator or visionary like Jobs was? Nope, that’s why Apple has not come up with anything new or ground breaking since Jobs passed away.
Awesome point. I've been dying to get into Boring Company... Yet here I am getting into something more awesome at no cost. Thank you Dave.
Me too Martin! I was on Warren’s investor list and was crushed when that door closed as I saw it as a second wave investment after my successful plunge into TSLA
Boring company doesnt really excite me.
@@Matzes 🥁🥁🥁😂
@@Matzes Think about it. You can relieve traffic congestion in cities like Rome or Paris without disrupting the landscape.
@@martinmuldoon8166 meh. And as a Business its eve less exciting. Seems super capital intensive. Low margin, not exponentially scalable
I get the feeling that this is what it was like when Dave was doing his Mega-threads in 2013-2014. I like it.
You outdid yourself again Dave. Thank you, please keep up the superb content. ❤️
Love your balance of short and long form videos. Thanks Dave
So many videos! You are on a roll! Never seen you this excited!! Enjoying your positivity! Remember to spend time with the family!!!
Dave can't hear you right now. He's busy with his next video.😂
Sounds more like panic at the falling shareprice.
Elon's vision is mind blowing making science fiction to reality,he is like it cannot be fiction forever.
I want to invest on that! You have to share this TO US WHEN HAPPENED DAVE I WANT TO LEAVE MY FUTURE GRANDKIDS THE LEAD!!!
@@stanley4318 Best signal provider in the market. Knowledgeable, level headed (no loss like some other traders who recently jumped on the bandwagon).
@@stanley4318 What's his Te l e g r am
Asking ?
@@stanley4318 thanks mate
Love that Steven and Dave get it. Elon just continuously moves to a higher stakes table.
TSLA just went from 10-50x opportunity to 10,000x+ it truly boggles the mind.
Steven is mostly hype and trolling analysts
@@underratedblastoise3908?
Analysts that can't do their job satisfactorily deserve to be called out. You may not like the guy but that doesn't change when he's right.
Lol
10,000x ? Really ?
@@zekeinvest7041 long-term yes $10Quadrillion Market Cap. May not happen for 50+ years but if they succeed yes. Abundance beyond your wildest dreams.
I really love seeing this short videos dave!! you rock
Fantastic angle of perspective you offer! thanks.
GO GET'EM DAVE!
THANK YOU FOR ALL YOUR WORK
Great job of pitching it! This is the correct approach to the new Elon Musk project, which (as usual) very few people believe in yet!
Thanks, Dave!
Very well put Dave. Thank you for your unique perspective!
Love that your thinking is getting more clear and thanks for bringing us along!
excellent, excellent point your wife had. thanks for sharing! gives me even more conviction to hold or even increase my shares.
I’m as excited as you are Dave !!!
More amazing insight, comments, speed Dave, keep 'em coming!
Per usual, great insight, Dave!
I am thrilled that the robo taxi and bot are part of Tesla. That means my current stocks are subject to the massive earnings possible. And even if bot is a failure the FSD and auto business won't fail.
Legend! Keep up the good work! You seem to avoid the echo chamber!
Great analogy with Apple Dave. I see this AI opportunity as Elon keeping Tesla on the “Steve Jobs Apple” trajectory vs settling in as a “Tim Cook Apple”-company.
Steve Jobs started the PC s-curve at Apple and then created the iPhone s-curve, which is bigger than the PC market. Steve changed Apple Computers to Apple because of this transition. After Steve was gone, there is no more s-curve at Apple, and there is absolutely no revolutionary product from Apple anymore. It is a dream for Apple Car. Cook turned down the request from Tesla for cooperation discussion -:(
@@charleschen4766 wHaT aBouT tHe aPpLE CAR? 🤣
Elon's new start up!! Right on point!
Good point, well made Dave!
great dissection, Dave
I’ll say it again: the quality if Dave’s content is on S-curve!
Why not start a separate company? One word: Dojo. The Learning power required will be insane, so why not piggyback on this cluster. Also once FSD learning is largely completed (I think it will be sooner than we think) it would be a waste to let is sit unused.
Agree that this is about leveraging Dojo - but FSD won't be "completed" with Dojo at any point. The thing about AI is you continuously feed in updated training data, so that it can keep learning new things (all the million:1 edge cases) - that's why Tesla having a continuous stream of data from the existing fleet is such a huge advantage. It's the edge cases that will catch out AI/FSD, and the more data, the more edge cases you can cover in training.
But there's going to be huge cross-over between FSD and AGI, and for Tesla Dojo will help the two sides to learn from each other.
@@TimDawson67 I like to compare FSD to how AI trained in GO or Chess. At some point there will be a sharp inflection point where it's just provenly better than humans. Regulators & government seems against it, likely due to political agendas, but I think we won't be able to turn the on switch off when people realize they can relax in the car rather than be super stressed driving to and from work/gym/grocery store/ etc
Starting a new company with knowledge gained from Tesla would be immoral. The IP for AI hardware/software belongs to Tesla company.....meaning Tesla shareholders. Elon cannot just take that IP and start off a new company...unless existing TSLA shareholders automatically get part ownership of the new company.
Exactly
Engineering companies MUST keep the engineers busy and learning as well as creating state-of-the-art products. That alone is sufficient justification for developing new products. If the new products are successful they are their support can be spun off into another company.
Excellent idea, you certainly get ppl thinking and your wife came up with it..I’m getting more excited with all of this. Fun stuff❤️
I don't think the Tesla bot would of been brought up by Elon during the earnings call if there wasn't 100% certainty of FSD happening soon.
So...let's enjoy this ridiculous s-curve
until the mother of all s-curves starts once again!
FSD isn't happening soon tho.
Dave, a great way to look at this change. An opportunity.
As a $TSLA investor, this IS why I invested in Tesla, they were an emerging robotics company. Way better than Investing in ROBO
You are awesome Dave ❤
Excellent points as always! Thanks!
$TSLA is my long term bet. Holding for 10+ years and Elon pushing for AGI is exactly the reason why I placed my chips there
very astute observations Dave. Thankyou. I am loving the way Elon is changing things and expanding the envelope. I am in for the long big and maybe sometimes risky ride. My little contribution to making things better
Aewsome insights Dave👍, I didn't think of it like that before, sure gald I'm already invested in Tesla.
Well done Dave!!!
Please thank your wife. I think she nailed it. Musk himself has said that investing in Tesla was like investing in a dozen startups. Probably should make that 2 dozen startups now. Bullish and Exciting.
YEAH DAVE! Thanks
Right bloody on Dave! If you want to live with some excitement and wonder in your life Tesla is the stock for you. If not, the Berkshires of the world are waiting for you!!
Heydave. A fan here of 19 months. My two cents as a fan. Really like the deep dives especially with emmet. Please keep doing those. Quick ones good for your biz and I will watch those as well. Keep up your expert advice but always remember to dumb it down when u can. Way more reg people as subscribers than gerber/gali/peppers/ryan et al. Signed a fan
Bravissimo Dave, one of your best Videos, most inspiring i Mean
Congrats on 200k Dave.
Also love the new thumbnail style Thumbs up!
Absolutely spot on.
He still needs the ev business to generate money to fund his AGI projects. Also he needs the energy business to power his Tesla robots. So everything comes together within Tesla. No point to start a new company.
More importantly, Tesla is operating as efficient and productive as any leading startup. It was a painful experience to acquired SolarCity, which could be started as a division inside Tesla. Tesla has so much to leverage to create and develop the next bigger s-curve. Apple started as a company. No one imagined it would become a phone company, which is ways bigger than the computers. For this reason, Apple is the most valuable company in the world.
Awesome observations dave. Thanks for distracting us from the stock mayhem long enough to realize what we have stumbled into. We could be mindlessly momentum trading or buying NFTs and coins. I think you have persuasively argued for staying the course in this bizarre convergence of an awesome investment, and what's best for mankind.
Go Elon go for whatever you want.. take my money.. I am always with you to support good things..
Thanks Dave. Clearly, Elon sees that the bot is viable, and as a stock holder I'm fine with that. I don't think Tesla need to change anything, especially not their mission. Maybe I'm not mainstream, but I haven't found anything Elon said controversial at all; in fact, it's in line with what I expected.
Was not aware of this. Thank you Keep up there great videos
Thanks Dave. The more we get educated about Elon’s plans, the more we can take an educated risk.
Good way of looking at the situation
This is an amazing opportunity of a life time. Glad to be alive at the same time as Elon and have the opportunity to invest in him.
Totally agree. I love what Tesla and Elon are planning to do.
Brilliant!! Yes. Thanks.
Another great video, thank you.
It’s all about batteries. Everything is underestimating the 4680. 10X speed of manufacturing. 1/10th the space. Dave you nailed it. We are so lucky to be part of the bot launch.
Amazing content!
Thanks Dave! U the man!
It would be wise to invest in Tbots because your investment will be your only source of income when they dominate the labor market.
Both scary and exhilarating.
Hopefully some Tesla shareholders are philanthropic and not just splurging on space yachts
There goes Marx's labor theory!
Great points Dave!
Late to the game on this video I stumbled across, but thanks for the good basic advice and not wasting everyone's time with a long cliffhanger ad stuffed video.
Thanks David Lee... This episode pretty much answered a question I posed a few episodes ago, namely how does the AI Robot sector interact with existing Tesla investors? As part of Tesla car factory workers? As you indicate now, much more than that. It will be interesting to Hold Long and accumulate additional position along the way too. Thanks for this clearification!
Nice, very fitting way of putting it. FAANG(T) companies have the opportunity to try new things and to tackle big problems.
I love this analysis.
Epic! Never thought I would be a VC without knowing it ;)
Great point of view 👍
My only concern is that Elon can't live forever.
Dave, do you have any idea who also has Elon's vision and capability to take over the missions in the future when Elon is not here anymore?
This is the only risk I see with respect to my Tesla investments, although I guess even factoring for this inevitability too it would give nutty returns.
Honestly its just unfair to bring in the investment angle when your post is basically regarding the epoch level changes that the man is executing. I too have the same question regards to the continuity after him.
*DUN DUN DUUUUUUUUUUUN* The bot is him living on forever! Install a neuralink chip and have DOJO copy his brain and use it to let him control bots and stuff. COULD YOU IMAGINE?!?!?!
That's why he's having so many -bots- boys...
@@ranjansahu11 Tesla will still be fine, The hard part is already done.
Steve Jobs didn't live forever either did he? How's Apple doing now?
Perfectly articulated Dave! I am in this because of Elon’s never give up attitude. As a non accredited investor I am not able to invest in SpaceX but I can still be part of Mission Mars through Tesla because of AI and Robot
@Dave Lee - I think this is a great take on the bots!
Interesting take on the Startup within Tesla.. If he initiated Starlink within Tesla, investors would love it.
Love it!! That's why I keep saying we don't need x holding company.
I’m sticking with Elon 🏁 25K and counting !!! All 🙌🏾 hail the technoKing 🤴🏻
Thanks Dave peace
Love your channel. Could you please do a deep dive into the fifteen points to look for in a common stock, Tesla in this case, that Philip Fisher talked about in his classic book when you get a chance?
That’s a good way to think about it.
I'm already all-in on Tesla, but as soon as I get more powder, I'll be putting it in
Great way to look at things
Super helpful!
I like your thinking! I'm glad you're wife agrees!
Dave, you seem to be posting quite a bit more often than normal. Great content. Are you also seeking to stave off further TSLA's drop in short term pricing? Curious. If TSLA keeps breaking through support barriers, the drop in valuation can continue longer than expected.
I commented this on Steven's video
25k tesla is achievable if full body casting, with structural batteries, with tesla bots for assembly. Could be even cheaper with Naion batteries vs LFP
The move to humanoid AI controlled robots is actually not a startup. It could be considered just another Tesla model . As has already been pointed out, all the necessary engineering talent and knowledge for building autonomous robots already exists within the company. I am pointing out the bot is not a departure only an extension of the product line. The bot can be used for transportation moving product from A to B or pulling a rickshaw for that matter.
As an early prototype, how about a robot that can drive legacy vehicles, and make deliveries, or ?.
Both FSD and humanoid bot are going to rely on Neural nets. Humanoid is going to build on all the knowledge gained developing FSD. So I agree that it is not a new startup but a natural extension to FSD. People fail to understand that FSD neural net is incorporating a lot of general intelligence that has applications across FSD. Tesla has basically accelerated the advent of humanoids. The likes bostondynamics are now left behind in the competition
The humanoïde robot will not automatically be powered by AGI.
AGI is a separate thing from the robots.
Thank for the excellent videos Dave.
Agree - the Bots enhance Musk's current businesses. He's building an extraordinary tool to build everything. Think of it as the hammer x 1,000.
This is just the first product to extend beyond the conventional. FSD and autonomy will likely be incorporated into all current and new product lines just like software, wifi, chips and bluetooth are in all smart devices today.
Go Elon go for whatever you want to do good for our planet and beyond!!!
You make a great point 🙌
Dave, I think you buried the lead. We aren't investing in a startup. When you buy into a startup, you stand to lose your entire investment. With Tesla, you get to invest in a fast-growing car company with very limited downside risk. On top of that, you get exposure to the leading energy storage company with a huge TAM. On top of that, you get exposure to a startup AI company with a larger TAM then the two others combined. In other words, you get the excitement and potential upside of investing in a cool startup with the stability of an established growth company. At these prices, I can't think of a better place to put my money.
I say YESLA to everything & anything Elon introduces.
Well said DAVE LEE🟡 Thank you for all you do for this BIG blue world. 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
Great perspective
Love it!... thank you for video.
Love Elon gifting us this new company but only for the deserving hard core Elon investors, helping Elon with mission.
I'm super happy and excited to go for the ride!
Thank you Dave!. 🙂✌
Your wife is one smart lady. I was very pleased when Elon announced that Bot would be within TSLA.
Even if there is a change of focus towards AI and the Tesla Bot their EV business is STILL a tremendous growth story and is really still just getting started. That’s hasn’t changed! It’s not all or nothing.
Elon is a big inspiration to so many people. He’s incredibly wealthy but he acts a normal dude. He’s also smarter than most people that have ever lived and he has no fear of failure. He embraces failure and looks to failure in order to provide feedback to improve. If Elon sees opportunity then get behind Elon and see what happens. Even if he misses a target he still delivers more than what could have reasonably been expected. He’s a good person first and cares about people. I can’t help but love Elon. He truly inspires me.
Dave, enjoy your weekend and take a break. 😉
Super great point and makes me even more excited to be a Tesla investor!
I’m just glad I can get in this time when it feels like he’s starting something new
If your invested from the beginning as an OG then I'm not sure how much more risk appetite you want. If your looking to get in or recently invested then it presents huge opportunity. Depends on your timeline and where u bought in.
I agree. I’m happy to have the opportunity to invest at what feels like another beginning. I bought after taking delivery of my Model 3. I’m all in.