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Tesla Deep Dive
Recorded: March 24, 2026 Duration: 1:40:22Space Recording
Full Transcription
Thank you. Thank you. Thank you. uh-oh are we not having any sound there we go
got you loud and clear, buddy.
That's the first thing I heard right there when you said, uh-oh, that's the first time I got you.
Hello.
Really?
So nothing I said before that, you heard it all.
Zero.
Zero.
I'm very sorry.
So I'm mobile today.
I'm on Starlink.
I'm getting back in towards my home place, but I'm still sorry. So I'm mobile today. I'm on Starlink. I'm getting back in towards my home
place, but I'm still on the road. So I'm sorry I didn't hear that part. But yeah, it's strange,
the connection. But here we are.
Awesome. Awesome. How about you, Ryan? Did you hear anything I said? Or is it just land
inside? Or was it literally just everything I said prior to that just did not go through it all?
No, I could hear everything.
Okay, awesome, awesome, awesome.
So how are things going on your side?
I know last week you had a few things come up, but I really appreciate you being back with us and a few amazing stories
that we could dive into. But just since we're happy to have you back on the panel, how are
things on your side as far as what you're seeing in Tesla, just life in general? I'd love to hear
what your thoughts are. Some crazy stories that we have to go dive into, but just like I said,
just catching up with you really quick just to see how uh things are going with your timeline yeah thanks for having me on um i guess
i've been just busy using ai tools and trying to create a bunch of different youtube videos
uh i've been following neural link quite closely and obviously the news from Tesla SpaceX AI has been really interesting to follow.
I'm just like constantly shocked by the AI developments that are happening.
And I just don't see how XAI doesn't become the leader of all the AI models in the future.
AI models in the future. Like Elon bets on bigger things than any other company and has constantly
been willing to have the courage to invest in creating these fantastic teams, working on the
most incredible technology there is. So like back in the day when self-driving cars weren't really
a thing, he was like, well, we have the courage to build this technology.
And the same thing like with Neuralink, they have the courage to go invasive in the brain in the way that many other competitors are not willing to do it.
So now we're just seeing the same thing with Macrohard and Grokipedia and the infrastructure that they're building with this TerraFab.
And it's my personal belief that XAI is going to merge with Tesla.
And obviously, XAI is now part of SpaceX.
So it just seems like all of the hints are there for that to happen.
Like it just seems like all of the hints are there for that to happen.
And I think there's plenty of synergies that could come from that.
Like Optimus is going to be really great at manufacturing and helping with development on Mars.
I think like longer term boring company could help with construction as well on Mars. I think like longer term boring company
could help with construction as well on Mars.
Tesla is pretty much the real world leader in physical AI.
And obviously XAI is trying to become the
indisputable leader in digital AI.
So I think it would be really great for them to work together
and be all under one umbrella company.
And then this other thing that I've been thinking about recently
that may not be specifically Tesla related, but I think with XAI, like I've always thought Elon was going to create this genetics company.
And he has been referencing that AI and gene editing and mRNA are going to turn medicine into a digital problem.
Well, with XAI, like I think that genetics company
that I've always been wanting him to create is basically going to be XAI.
And Tesla already has experience working with CureVac
working with CureVac to create these mRNA micro factories.
to create these mRNA microfactories.
So like they pretty much have the tools necessary
to create this complete revolution
in mRNA and gene editing technology.
So I'm also quite excited about that.
And I think that could be another potential benefit of a collaboration there.
Really interesting stuff there.
Before we go and dive into the superhuman aspects of gene editing, I just want to kind of double click on what you said about TerraFab.
TerraFab is one of the lead stories that I was going to kind of go into, which is very interesting. Those of you that are following, as far as like the chip
development in various companies and demand for AI and compute, all that stuff, it's just growing
ridiculously. But TerraFab, one of the interesting things that I saw, I forget where it was, but Elon had said that estimates that this thing could possibly
require 100 million square feet. I think it was Sawyer, if I'm not mistaken. And if to just give
it some, I guess you would say some, some context. Yes, it was Sawyer. I found the tweet right here.
100 million square feet. That would be three central parks in New York City. That would be 15
pentagons. That'd be 2,300 acres. That'd be 3.6 square miles, 555 super Walmarts, not just
Walmarts, but super Walmart centers, 1,700 football fields, 23 Disneyland parks, 8.8% of the size of Paris and 10, yes, 10 gigafactories in Texas. That's
how big this thing is that he is anticipating. Now, I don't know if this is just, again,
excitement, just throwing out a huge number to soften the blow for investors when you start
building out this thing. But what are you guys' thoughts on that when you hear such a huge number,
100 million square feet and what that actually equates to because I don't know about you
But my brain doesn't necessarily
Process what 100 million square feet is but when I hear in terms of comparisons, then it really hits me smokey
I see you throwing some reactions. I love to hear it
Hey, yeah, brother last I saw it was to be like four miles long by a mile wide
so when i went out there to tour the gigafactory just recently the gigafactory is about a mile long
by a quarter of a mile wide and this thing is massive i couldn't even imagine the sheer scale of amount of chips that a four mile wide or four
mile long by a mile can produce. That is going to be absolutely bonkers.
Yeah, my brain can't even personally process how big of a building that is. I mean, that is just
really massive. But also, Trev, I see you throwing some emojis too.
Any thoughts on that, the sheer scale of what we're talking about here?
And then also just the AI build out with all these chips demand.
I would say the word I would use would be necessary.
And the reason I say that is because he obviously, Elon,
during his presentation, he gave a little bit of a sneak peek
into kind of the current limits that we're stuck at right now.
And I believe the numbers he used was 20 gigawatts,
and we want to get to a terawatt.
So when he asked TSMC and Samsung how much you can make,
and they say this is the amount we can make.
Basically, it's not going to be anywhere near enough, right?
Hold on one second.
I'll have to come back in a second.
Yep, no problem.
Yeah, definitely that is massive there.
Landon, any thoughts on that?
I see you were just throwing some reactions to as well.
I am not impressed. I am not. I'm not impressed at all. I mean, this is Elon. This is Tesla. And they can go into China. They can go into Berlin. They can go into Texas. They can work in California. They can work in New York.
They can work in Corpus Christi. You know what? Yeah, it's going to be big. It's going to be big.
Wouldn't it be weird if it was really small? But speaking of small, going to be big is the thing.
Elon told us, I love to just go to his words and he can change his words and things change all the time. But he said, we're going to start really, really,
really small and prove it. And then once that's proved, then we're going to go really, really
big. And so that's my reaction for you. Thanks for asking.
Yeah, I just wanted, sorry about that.
I just wanted to add to that, what Landon was saying too.
Going back to my point, you know, when you look at these chips and the amount that they need, you kind of,
we all talk about this, you know, converger,
and, you know, Ryan talked about this as well
with the companies merging.
They overlap very,
very well, right? And when you start to do the math on the chips, obviously, we don't exactly understand how many chips this terafab is going to produce, but I mean, he used the word terafab,
so they're going to basically be able to produce a terror a terror fat a terawatt um
capable of chips right so um how i've looked at it is we know that the ai5 computer um that they're
going to be ramping up um both using tsmc and samsung will be um three chips on the board. So that's three chips.
For every Optimus, for every AI-5 car, that's three chips.
Not exactly sure about the AI satellites.
Obviously, it looked like they were mentioning Dojo for that.
So I have no clue about those chips.
about those chips.
As far as I understand, we don't really have a lot of information on that.
We don't really, as far as I understand,
we don't really have a lot of information on that.
But when you look at SpaceX's FCC license
and they want to do a million satellites, right?
Yeah, well, that's a million chips, at least,
unless there's more chips on per satellite, right?
And then, you know, they're building a 10 million unit line
in Giga, Texas for Optimus.
Well, you know, 10 times, you know, three, you know,
and then they're doing the, so that's 30, you know, that's, that's 30 million. And then you,
you do the math on the cars, right? So CyberCab, you know, they want to make a million unit line
for the CyberCab, eventually ramp up to that rate.
So, I mean, that's three million chips.
So you kind of add all this together and you look at TSMC and Samsung and you say,
well, how many can you guys produce?
And they go, like 20% of that.
And then, so Elon's like, okay, well, then we have to do it ourselves.
And then, so Elon's like, okay, well, can we have to do it ourselves?
So, yeah, I mean, as far as I'm concerned, the chips are absolutely necessary because they can make, you know, it's already hard enough to actually make, you know, a million unit robot line, right? Or a 10 million unit robot line, you know, produce a cyber cab, you know,
every, you know, 10 seconds, 15 seconds, one comes out the door, right? That's already hard to do.
But all of those products, the AI satellites, the cyber cabs, and Optimus are all completely
useless without the chip. They're literally just useless.
So these are absolutely crucial and necessary
for both SpaceX, XAI, and Tesla
to succeed in their mission.
Absolutely. It's mission critical.
And when you said, fine, i'll do it myself i just pictured
you know thanos from uh you know one of those end scenes in the marvel thing before uh infinity
wars this is fine i'll do it myself so yeah that's what i pictured when you're talking about
that right there uh kristin i know we uh jumped around quite a bit but you know love to hear your
thoughts uh as far as what's going on in the world of Tesla. Anything that was said that kind of sparked your interest or came across your timeline related to these topics?
I'd love to hear your thoughts.
Always a pleasure to have you on the mic.
Well, thank you.
Yeah, I think the TerraFab has got everyone going.
I mean, everyone was pretty excited when we saw SpaceX take over XAI and combine.
And now we've got, you know, there's hints.
And, you know, people like Alexandra, Tesla Boomer Mama, love her. She's spot on. She's hot on the money when it comes to things that
Tesla is doing, but watching what's happening, you know, you've got this Tesla, SpaceX, XAI
progress and project going forward. It's just, it's awesome to see, you know, I feel like,
I feel like, you know, Elon's watching China and that's the competition.
It's not the competition for the USA.
It's the competition for Elon and his companies, you know.
And we've got Tesla Semiconductor Industries over there in Taiwan.
We've got the Strait of Homas, or however you say it correctly.
But as far as going forward with Tesla, it's going to be able to vertically integrate all these chips.
So it won't have any problem.
It's going to be able to vertically integrate all these chips so it won't have any problem. It's going to have things in-house.
So we're not going to have to deal with these kind of national conflict issues and shipping of chips.
And what if someone takes over Taiwan or all these things that people talk about might happen.
So we're going to be moving things.
So Tesla, SpaceX, and XAI will be dialed in to have their own things moving forward.
And Tesla is going to benefit from this greatly.
And it's going to be interesting to go forward to see how much more Tesla is going to be part of these companies or things that are
happening. I think there's a lot of talk and people curious. So yeah, I'm excited to see
SpaceX and XAI moving forward with stock options possibly going forward in the future here,
maybe in June. So watching that, that's pretty exciting. And just reading up on the TerraFab,
I mean, one billion Optimus robots to scale.
That's just crazy.
100%.
Like just even just, again, these numbers sometimes,
like you hear them, you throw them out,
but like actually trying to envision
what that means, one billion Optimus walking around,
that is a massive
number. So definitely the demand for compute is definitely going up. And not to mention the
semis. We're jumping around because there's so much happening in the world of Tesla.
But the whole semis, they're still scaling out. And I mean, they're just really testing the
waters right now once that thing, because America runs on trucks as uh you know my stepfather was a truck driver so i completely understand how the trucking thing works it's it's
it is massive where that's gonna go and of course that's gonna need chips too i don't know if anyone
saw the uh jay leno clips uh that have come out of him uh testing it and everything um trev what
are your thoughts on that you know did you that with Jay Leno and the Tesla crew?
Oh, yeah.
I always love to tune in, especially when they go to Jay Leno's garage.
You're either going to see Franz, Lars, or someone from the engineering team there.
And it's always a great conversation.
And we actually learned a few new things about the Tesla Semi.
And I kind of made a post about what my kind of top favorite things were that were new information that we found out.
So one of them was, you know, a thousand pounds lighter, which was, you know, I mean, when you take a thousand pounds out of, you know, a big truck like that,
it makes a huge difference in efficiency, which is what Dan, basically the head engineer for
the Tesla Semi was talking about. And then also about the, you know, we always hear
a lot of people with EVs are like, well, what happens when your battery dies? You know, how
long does your battery last? And they said that the 4680s that they're like, well, what happens when your battery dies? How long does your battery last?
And they said that the 4680s that they're using, which they're also using in CyberCab,
and I believe they're also going to use an Optimus, are rated for over a million miles lifespan. So I think that's extremely important when you talk about like reliability and, you know, long distance
trucking or even short distance trucking. I mean, these trucks are going to always be on the road,
right? You want them always on the road. That's how you make your money. So having a cell that
is going to be able to be absolutely punished and last a million miles is going to save you a ton
of money in the long run.
And then another interesting thing, and then I'd love to hear other people's takes.
And I want to make sure that I'm saying this right.
So this Tesla Semi, this newer version, actually has independent axles in the way that they behave. So I believe that they said that the front axle is more like a torque axle,
which is better for acceleration and speed.
And, you know, if you need to climb a hill or something like that,
the front axle is really geared towards that.
And they use the rear axle to do that as well however when you're on you know you're going on cruise control on the highway speeds um actually the rear the rear
axle kind of turns off in a way or freely spins so that you save on efficiency um and uh you know
that gives you more range so i thought all of those little insights were really cool.
And the last thing I'll say is that, you know,
I think you're absolutely right when you talk about
how semis could change, really change the world
in terms of the prices of goods.
When you look at diesel trucks and, you know trucks and Tesla saying 50% better cost savings,
right? As far as like fuel maintenance, everything, when you put it together,
you can really see the price of goods in the future dropping down substantially because the
price to get them there is so much cheaper, right? Oh, and then, sorry, there was one more thing. The electric power
takeoff. So I had no idea about this, but apparently, like, when you have, like, a refrigerator
unit and, like, a big truck, they use a separate, like, diesel or, like, gas generator to power
those, you know, to keep everything cool and whatnot. But Tesla actually re-engineered this and it's actually going to use it straight from
the battery pack.
So you can, and they said this kind of like a universal plug and play, right?
So you can just plug it in and you can power your whole trailer.
So I thought that was really cool, but interested to see what else everybody else thought on that interview.
Yeah, it was really cool stuff there. And yes,
the cold storage
usually does have
two separate systems. I just happen to know
that from being the supply chain. But
Ryan, any thoughts on that? Did you
any of the Jay Leno clips or just in general anything that Trev just said related to the semis?
I unfortunately have not gotten a chance to watch that yet, but I will today.
I'm extremely excited about the semi.
I know, like you had mentioned earlier, that the semi truck drivers is one of the more common occupations, especially in the U.S.
And it's going to put a real dent in transitioning the world to sustainable energy.
So it's and also because it's such a common occupation and such a dangerous one, it's going to be great when all the semis are fully self-driving and these truck drivers
turn into truck operators.
So I'm really looking forward to just like the safety improvements on our roads because
of that.
Yeah, definitely there's a lot there and not just in the improvement of some of the updates that they announced too, but even the range anywhere between.
I've seen varying numbers, of course, different models, different kits and so on.
300 to 500 miles.
It says it's a lot lighter.
But the most impressive thing that I read all week related to the semis is that supposedly the latest model has the same turning radius as a Model Y.
Now, that blows my mind.
I've seen trucks turn, and the thing that has the same turning radius, that just kind of blows my mind.
Any thoughts on that?
Oh, did Landon just drop down?
I've got to bring him back up.
I was just about to pass it over to him.
Smokey, how about you?
Any thoughts on that one right there?
Which one?
I just actually switched connections, so I dropped down dropped down to I might have missed some of it
Yeah, I was saying the the latest model of the semi having the same turning radius as the the model Y
supposedly which is I think probably one of the more shocking things if you've ever seen the truck turn around
Oh, absolutely. But dude, you got to look at like we're talking about like these trucks like
they've already done it with a cyber truck if you ever seen the four-wheel steel on a cyber truck
the way that they do it it's just it's mental it'll like turn around like on a dime where
you wouldn't think a large truck should be able to do that i could see them implementing the same
kind of technology in these semis and it's just going to be amazing like they're just
going to be so nimble and quick the one thing i'm worried about is jackknifing so i'm hoping
they come up with something with that you know in mind but i'm sure they will it's going to be
dope though man yeah that definitely is uh something i'm sure they're definitely working
on that and of course you know every truck driver every one that has ever seen trucks knows the dangers of that. But Landon, any thoughts on
that now that I got you back up? You got me back up. Yes. I love the semi. I want to watch.
I want to watch that. I've not I'm not up to speed. I'll defer to these guys, but I'm really excited.
It just keeps getting better and better and better. It's a great way to reduce the emissions because, like you said, everything is trucked.
Thanks for asking.
I've got one more tunnel here going under, you know, I don't know, about a mile of rock.
I don't know why Starlink can't just blast through that,
but I've got one more to go, and I'll be back with you.
My apologies.
I love seeing everybody here.
Awesome.
No problem.
And before we go to the boring company on that,
since you said you're going through rock,
just two more things to throw out on the whole Tesla semi, right?
We have up to now 13.5 million miles driven, right?
This is, it's pretty impressive.
440,000 miles on one truck, 95% uptime.
Great numbers right there.
And of course, a little bit more fun, playful side,
the Cybertruck and the semi,
like this wooden toy playset, is back in circulation.
You can get that for kids and collectible purposes and so forth.
That's cool to see.
That is out there too as well. But since he talked about going through Rock, I have to throw out this story from the Boring Company that they have announced three free tunnels, which will be in New Orleans, Baltimore, and Dallas.
So there's just so much going on all over the place.
And again, I don't know how Elon sleeps, but did anyone see that one?
see that one. Any thoughts on that, Trev?
Any thoughts on that, Trev?
Yeah, it's always awesome
to see the Boring Company continue to expand,
especially because I'm sure everybody in this room knows, but
these are funded purely by the Boring Company, right? So this
doesn't cost, specifically
the Boring Company Tunnel Vision Challenge winners, which was the ones that were announced today.
These are funded purely by the Boring Company.
So this doesn't involve taxpayer money.
down to, they said, you know, all of the, you know, hoops and everything that they have to go
through as far as like the elected officials, regulators, community leaders, down to the
subsurface investigations are all funded through Boring Company, right? They do the entire thing.
And the biggest complaint I hear, or not complaint, but the
biggest like pushback I hear is why not build, you know, traditional subways or something like that.
And you really have to dig down into the pricing structure, which I have done many times in the
past. But for people that don't know, just a quick overview. So for the average boring
tunnels, and we can look at what they've done in Vegas as proof of this, is they're able to
dig at about 10 million per mile, which sounds like a lot, right? Until you compare it to
something like, you know, a traditional subway in New York, for example, which was 100 million all the way up to some parts took two and a half billion per mile.
So when you start to compare the pricing structure, you can kind of see why the borrowing company makes so much more sense.
you can kind of see why the borrowing company makes so much more sense.
You know, obviously, traditional subways can move more people,
but obviously those tracks are fixated, right?
The cars are not fixated.
So you can provide point-to-point transportation
and alleviate the traffic congestion from up above, right?
So, for example, you know, a train, a traditional subway train will take you to a stop,
and then, you know, you have to walk to the rest of your destination.
With these, with what Tesla is doing with the autonomous Teslas,
which basically every boring company tunnel is going to turn into an autonomous Tesla,
basically, ride, right? So, you know, you can get in and it'll take you, you know, if you were like maybe at a hotel or something, it'll pull up right to the hotel, right?
So all of your luggage, I don't think people, a lot of people think about this, but how, you know, if you've ever been on a traditional subway, it really sucks like having all your luggage and everybody's
squished in there. It's not like a, it's not like a great experience to be honest, but with this,
you know, a car pulls up, you open the trunk, you put all your suitcases in, you get in
and it pulls up right in front of the hotel. Right. So it's just so many advantages and I,
you, you know, you have to respect the fact
that they are funding this themselves, right? So, and, and as far as, um, the mergers go,
I would expect before we see a merger with Tesla and XAI and SpaceX that, you know, Tesla and
Boring Company, I think Tesla's gonna, you know,
basically engulf the Boring Company.
I mean, might as well.
They're basically, they're so intertwined at this point,
it would, I don't know,
unless there were some tax reasons or something,
but I could see those two merging as well.
The ability to go up and down, above ground and below ground to get around traffic is going to be beautiful.
And there's literally nothing stopping the show.
Like you just go from point A to point B and, oh, there's traffic?
Not anymore.
We're going in the tunnel.
It's beautiful, man.
Smokey, I like that.
That's a very good point. You know, Trev talked about the school
bus or the subway. And I'd like to say the subway, you know, people say, oh, yeah, they like to say,
oh, Elon has invented something we've had for 150 years called the subway. It's underground
because people think, oh, underground equals underground, I guess is the math.
But the thing that Smokey said is true is that when you get on the school bus in the morning, I don't know, were you on the, did you ride the bus to school?
I did.
It was miserable.
It was cold.
Hell yeah, it was.
Yeah, and it was noisy and it was smelly.
On the bus, if you're the first one to get on the bus, you go pick up the next person. But you don't get off the bus. You stay on the bus, if you're the first one to get on the bus, you go pick up the next person.
But you don't get off the bus, you stay on the bus. And then the two of you stay on the bus,
and you pick up the next person, the next person. And then, so even though everybody there is going
in the same place, then it's still slow. This is the pickup part. The drop-off part is similar,
This is the pickup part.
The drop-off part is similar better for the boring company.
So when you're dropping off, when you've got an express train, you don't have to wait at all of the other drop-off stops like a subway.
A subway, you stop at every stop unless it's an express.
And a boring company is an express where you don't have to pick up
all the people in a row either.
So that's what I think of as the school bus,
is the subway.
That's what they've fixed,
not just being underground.
But thanks, Smokey, that's cool.
That's a great analogy, actually.
You know, I used to write articles
covering the boring company for a handful of years there.
And it's interesting because when we look back where the Boring Company started, it was one of those projects where, you know, Elon's talking about mind-numbing traffic when he's driving and living in LA.
You know, this is where we get FSD from after Elon started with Tesla.
And he's talking about how to circumvent and make shorter routes that are more direct. So we've got Elon going underground. He's talking about there's mass amount of rooms
to send traffic underground that goes directly into places. So I mean, we've got Las Vegas that's
been doing, it's been opening up. I mean, there's like 50 different sites that you can drop off from
the airport all the way to like the stadium and the convention center, which are amazing.
But going forward, he's been working in Miami doing different things
with the boring company. So he's even taken it going underground where there's water problems.
It hasn't been an issue. And there's been a lot of pushback of haters that are like,
you know, you've got the subway, but like what Trev was saying, like per mile, this saves
tons of money. The amount that the people are petitioning the different groups for contracts,
boring is boring is doing this on nothing. It's kind of like the same idea of the Falcon 9,
you know, the reusability of a rocket. Like, why would we pay so much? So it's just another
place of efficiency that Elon's conquering and using. And it's great to see different
groups want to jump on and use it. And we're going to be using the CyberCab in it. And it's going to be all automated and it's going to be cool. But
to see more cities partake in it is pretty cool to watch.
Kristen, I love that you talked about Elon driving, right? I mean, driving. And he did.
He said that when he was in traffic. You nailed it, the story. And then the other thing we'd hear is that, oh, he's on a version of FSD.
He's driving a version or he's testing a version that, you know, is one or two or three steps
ahead of us.
What we have is, you know, either beta testers in the past or now as supervised.
So what my question is for you after all of that, what do you think he's doing? Do you think he drives anymore? When do you think the last time he's driven? I mean, he's kind of important, right? It's kind of dangerous to drive. I don't know. Do you want him out there driving? Do you think he drives?
That is a good question. I mean, obviously, I think there's maybe a few places or times he might drive, but I think FSD is driving for him.
And I think most of the time when we do see him, he's arriving at events and he does have people with him that are like a whole entourage of like bodyguards and stuff.
So I don't I don't see him as driving, but I I would have I don't know.
I would have, I don't know.
I would imagine that he enjoys driving to a degree, like experiencing the vehicle, how it's working and testing it.
Because there was a time there for a handful of us that are FSD beta testers where Elon was posting about how he had just tried the latest version.
And he explained how he felt it was doing.
It was the alpha.
It was the cutting, bleeding edge of technology in the one
that he was trying.
So he was trying the versions that nobody had yet and seeing how they were.
So I do believe that he does drive on occasion, but I don't know how he does it all.
He's running all these companies and testing things, and he's literally on the ground with
the engineers doing this and solving problems.
So yes, I believe he drives where he finds the time.
I have no clue.
I forget the name of the movie, but there was there was a comedy movie that came out probably like the early to mid 2000s where there was like this really I think it was a Ben Stiller movie.
Don't quote me on that.
But there was a big billionaire who was like a risk taker, like power gliding, jumping off of buildings and all sorts of crazy things for,
you know, just to get his thrills. And the company actually wrote it into the contract.
Like, these are the things that you have to do. So I wonder if it gets to the point where
Elon is so, I guess you'd say, important that the company is like, you know what?
You're no longer driving. It's only FSD from here on. That'd be kind of interesting because
we always talk about the numbers, the crash rates, the death toll, and all those things going down
with FSD so that insurance is even lower. So just imagine you're insuring your CEO for your
companies, or in this case, multiple companies. That might be a stipulation. Maybe not for Elon
because he's not one to really like the other guardrails. But other CEOs, it might be the thing.
Like, okay, you're so important to the mission here.
Let's say Jensen Wong over at NVIDIA.
What we're going to do are Apple, Tim Cook,
all these guys, right?
No driving anymore.
I could see a world in which that could actually go into the CEO's contract.
But John, I see that.
I'm thinking about the president.
The president doesn't drive.
Yeah, I brought Josh up.
I want to say hi to him in just a moment.
But I've got a little levity for you because I remember the movie you're talking about.
But I don't have the name either.
And this is ridiculous.
But you know what it made me think of is like Bruce Wayne and Batman.
Like if does the board, you know, know everything he's doing?
How do you ensure Batman activities?
But we've got, yes,
we've been on the road this week.
We've traveled from all over the country,
all over some of us,
all over the world.
And we've been at the Chattanooga,
there's a bridge,
Chattanooga Charge
in Chattanooga, Tennessee
with 30 plus Tesla
owners clubs. So this is not just Chattanooga, Tennessee. This is people coming from all over.
And I'm going to save my stories. I'm still on the road, Josh. I am three hours,
two hours and 15 minutes away from my final, boy, boy, whoa, whoa, whoa, from home.
And I want to say final destination.
That sounds a little dark.
Josh, you made it home, didn't you?
You drove from Chattanooga to back home in Austin.
And we had dinner and then said goodbye.
And so you made it home safely.
Would you like to say hi to the group you see
everybody down there we've got all our friends that were out there some couldn't make it but
we see them down there thank you for being here guys we love having you here you can come up and
speak if you're free josh what was cool about chattanooga tennessee and the chattanooga charge
what else do you have for us well lynn's funny you should mention because I feel like Batman.
I've been summoned here with your bat signal
in our private chat there.
So here I am.
But yeah, great to be with you again.
Wolf, welcome.
Thank you for welcoming me, I should say.
And excellent space as always.
We appreciate you and everything you're doing.
And yeah, Landon and I, we got up to our festivities
and all the other nonsense that we do.
We had a great time.
And yeah, speaking of final destination,
Landon and I were driving for a short leg of the trip
on the way home behind each other
and we ended up behind one of those logging trucks.
Of course, we had to tell FSD we don't like that.
So maybe we can add that to the code of requests for the Tesla AI team.
If I'm behind a logging truck, please pass immediately.
And so we can avoid that PTSD, as it were.
But no, Chattanooga Charge was phenomenal.
We all had a fantastic time.
I had well over 100 people approach me at various points throughout the event and after the event,
mentioning how much they really enjoyed it.
There was folks there from California that specifically wanted to give me some feedback.
Very nice lady.
And she said, you know, we go to all kinds of Tesla events, but this one was different than any other that we've been to.
And she says, I don't know if it's because it's my first time in the South,
but this has just been phenomenal.
The sense of community and hospitality and friendliness
and really kind of a laid back, everybody's welcome,
structured but not structured, you know,
and really everybody's there with a common passion.
We learned so much.
I had the privilege of, you know, moderating, I guess you could call it,
the speaker panels throughout the day and emceeing,
and that was a great honor to be part of it.
A lot of fun.
But really just to be on stage with some of the talent that was there was wild.
I learned a ton.
Joe Tagmeier rounded out the day, brought some absolute nuggets of gold,
specifically CyberCab, speaking of gold.
Man, it's really great to hear from people
that have, you know, have firsthand experience. And a guy like Joe is really, as much as we
appreciate him, you know, he's really underrated. I mean, the guy has a huge military background,
specifically with the Air Force, you know, very well versed with all things aviation,
as well as these technologies. Of course, one of the first people in the world, you know, very well versed with all things aviation, as well as these technologies.
Of course, one of the first people in the world,
in fact, I believe the first civilian,
to ride in the back of an unsupervised robotaxi.
So that was very cool. We got some insight on that.
And again, just so much FUD floating around the internet.
One of the things was recently somebody leaked a photo
that was
wrongfully taken inside the Giga Texas factory with CyberCab. And I don't know if you've touched
on it already, but there was the photo where we see the CyberCab in the air with the seat forward
and a steering wheel. And of course it's, oh, it's going to be steering wheels, blah, blah, blah.
Well, Joe shone a light and Elon says sunshine is the best medicine. And he certainly shone a light, and Elon says sunshine is the best medicine.
And he certainly shone some sunlight on that situation because he says if you look to the very far back of that photo,
you'll actually see another production line.
We found out that there's two.
One producing the proper Cyber Cab with no steering wheel,
the one that we're going to see the shiny coating
because it's that gold resin through and through.
And then you have another one that's black resin. They're made much cheaper in a different fashion, much more
unfinished. Those are the testing units. Those are what we're seeing around places like Chicago.
I personally saw one in New York State. We've seen tons of them here in Austin, of course,
and up through California and other places. And those are the testing units that we're seeing
with a bunch of
parts retrofitted from Cybertruck. So it was just really great. That's just a small kind of
little story there on some of the nuggets of information we heard from Futuraza Brian White.
That guy's hilarious, but he's also extremely intelligent. And he just came back from a trip
from China where he experienced a ton of tech. And, you know, we in these spaces oftentimes
talk about China like it's a person, you know. Oh, China's going to have this and China's going
to do that. And if America doesn't do this, China's going to come in and so on. But it was really cool
to get some firsthand boots on the ground, intimate knowledge and insight into what's actually going
on. Like, how do they operate? We found out that they love and revere Elon Musk. I mean, he had the CEO of Xpeng, and I know I'm, apparently the pronunciation is wrong on that,
but he literally told him that they are doing everything they can to copy what Elon does,
because they know that he's right. So, very interesting to hear that. And of course,
Captain Eli, we know that he supports Elon Musk in a big way, very visual way, unabashedly. And he was there on
stage two. We learned that he also worked for a Chinese automaker, Zeker. He shared insights from
his time being employed by Zeker. So we heard, again, a couple of different points of view,
one for manufacturing and production of Chinese EVs and then to the retail side. And then, of
course, Eli has worked for multiple Elon Musk industry companies,
both Tesla and now XAI.
He was employed by XAI
during the transition to being purchased by SpaceX.
So I guess he's kind of a SpaceX employee.
I asked him if he's an astronaut.
He said he'll think about it.
But yeah, just absolutely phenomenal
to hear from some of these people.
There was so many others as well.
Landon himself actually stepped in and really saved the day. We had one of our speakers, John, he got sick. Poor guy, and I hope
he's feeling much better, but Landon was very kind to step in and help us out in that autonomy FSD
discussion panel where we had some really talented, some young bucks in there and Dave Moss and others
and Kobe and yeah, it was was just fantastic and it was a really
I mean Josh and Amanda knocked it out of the park choosing the speakers because it was such a wide
array we had Teslatino educating us on pushing the boundaries of EVs how to outfit your EV how to
adventure in your electric vehicle safely and of course he took you know he didn't just talk he
walked the talk as well and took everybody the next day
on this huge Cybertruck escapade.
And I couldn't, you know, you couldn't go anywhere
without hearing people saying, hey, man, I just forded water.
I just drove up a river in my Cybertruck.
And it felt like something out of, you know,
something out of a sci-fi movie.
So, you know, kudos to him because everybody made it through safely.
And that's, of course, number one thing is safety.
And we had no mishaps.
We had, I guess it was well over 400 people at one point at the event. So, you know,
with you have all those vehicles, the estimation was over $14 million worth of vehicles at the event and no damage, no accidents. And so that was really great. So overall, just a fantastic
showcase of really EV culture. We actually had a Lucid Gravity there as well
and some Rivians.
So again, American EVs.
And yeah, just the growth was massive.
Last year they had, I think it was 100 and,
I forget what the number was.
It was 173 or 147, somewhere around there.
Anyways, we blew that number out of the water
and had almost 400 this year.
So it was huge, huge numbers and a fantastic light show,
which the videos are going to come out on that.
So, yeah, that's kind of Cole's Notes,
long-winded way of saying we had a phenomenal, phenomenal time.
No, that's perfect.
Speaking of the light show, that should be out.
Go ahead, Smokey.
Is that Smokey?
Yeah, yeah.
Speaking of the light show, I just talked to Jason, actually,
just before the space.
That should probably be out within today or tomorrow.
Looking forward to that.
Oh, we had fun with that part.
I'm going to save that story for later.
Josh, great job there.
No, I appreciate that.
I think I'm out of the canyon.
I'll still get interrupted just for saying that, but I appreciate you guys so much.
And Josh, if you didn't get the picture, folks, Josh was the emcee of the whole event. And so he was everywhere at once. They just, you know,
they took the pacemaker technology and just went ahead and installed a microphone in his chest
because he was on stage and on the mic everywhere all day. So that was, it was great. I really loved
seeing the families
and the people and meeting Smokey's family
and some other families.
And you mentioned the off-roading.
We're going to put together a bigger segment about it,
but wow, I had it described to me, Josh,
the off-roading and Cybertrucks.
And this was a Cybertruck exclusive.
You guys maybe have seen Josh West 247
in the Adventure Plaid 1.0.
He was doing some off-roading with us,
did some medium plus pretty extreme trails.
We had a Cybertruck that struggled with it
more than Josh did,
but these trails were just a little more
because of the deep water, like you said,
and some of the deep mud.
But that was just great to see that.
People described it as doing, you know,
off-roading as the old way.
The way I learned in East Texas, you know,
JC's area was in a Jeep.
Jeep, and it's great.
Very capable, bounce around, and that's the problem.
You're all over the place, bouncing all over the place.
And in the Cybertruck, this was described to me
as being off-roading in a hovercraft.
Like, how do you get stuck?
How do you have trouble?
You're in a hovercraft.
It felt like that.
I mean, the suspension and everything about it
was just so much fun. I
can't believe it. I got to get home. I need a little sleep. I'm not going to lie. You know,
this is, whoa, I don't know about this driving. So I think I'll be at 3,000 miles for the round
trip. I know others did a lot more. Some people did almost 3,000 miles one way. So we're really
flattered that people, some people would, crazy people would drive thousands of miles to come
look at us and talk about Tesla.
That is so much fun.
Speaking of that, Kristen, we got to get together.
Let's see each other.
Let's do some events.
Let's see this summer, maybe Starship.
There's something that's been way too long.
I miss you.
Thanks very much.
Oh, thank you, Landon.
Yeah.
I was going to quickly add that, Landon, some of these folks did these crazy long multi-thousand
mile road trips nonstop.
You know, I'm not just talking about myself.
There was others as well that just put the hammer down that really a lot of folks.
And when I tell people that are not in our
community they just don't get it but they oh man isn't that dangerous and I'll tell you it's FSD
you know it really is a superpower almost makes you kind of a part man part machine like an android
in a way you know where you're integrated with the vehicle, you're alert. But man, it's just doing a lot of the heavy lifting.
I'm thinking of that suit that, what's her name, put on there in Aliens,
you know, to fight the alien, you know, that mechanical mecha suit.
And when I get in my plaid and I hit that button, man,
that's my mechanical mecha suit for taking down the battle
of multi-thousand mile road trips.
I'll tell you, superpower.
Yeah, this is definitely the movie reference episode of the Tesla Deep Dive.
Those of you that are just tuning in, I can't even tell you how many movies we hit.
And even subconsciously, I don't know if you guys realize this, but earlier Landon said Final Destination, which is a movie. And then, funny enough, right after that, they started speaking about logging trucks,
which was also in the Final Destination movie of one of the hazards.
So just really found that funny.
Of course, we're talking about sci-fi and everything related to Tesla and the Boring Company, XAI, and SpaceX.
It's all sci-fi, but it is real life.
It is actually not just in the movies.
We're talking about all these amazing things.
So those of you that do not know these amazing speakers that are on the panel,
highly recommend that you follow them, check out all the amazing things.
This space is only an hour, but if you are following them, connected with them,
you can see all the amazing things that they're doing and maybe link up at one of these Tesla meetups
that are all over the place, which could you believe it that my brother who drives a Tesla in the D.C. area,
well, really outside of Virginia area, did not know
about all these meetups and all these clubs and all this different thing. So since hanging out
with you guys and kind of living vicariously as a Tesla driver through him, hang out with you guys,
I was able to share all this stuff with him. And he was like, what? All that's going on there? I
was like, yeah, man, this is, it's pretty crazy that you're not tapping into all of this. And
he's someone that's always looking for community.
So there you go.
If you're in the community and you are looking for others, there are clubs all over the place.
There's meetups.
And of course, you heard all the amazing things.
So thank you for that rundown.
I was not there, but I felt like I was from Josh.
So, you know, one thing that I will say, you know, love to hear Ryan's thoughts and anything that was said there, because it's been a while since I heard you on the microphone.
You know, a lot we kind of covered. But the last thing I'll add related to what Josh just said was that, you know, you mentioned Rivian and all those different things.
And the competition really has not done so well in the States compared to Tesla.
So like when you're looking at even out of China, the BYD and everything, everything is pegging itself up against Tesla. And really Tesla is
like a mile ahead of like everyone. And like everyone else is just trying to emulate and
learn from the leader. But it is what it is. Honda, Volvo, Ford, all the other EVs in the States
are really struggling. Some of them are canceling. Some of them are pulling out. Rivian is supposedly
on its last lap. This SUV that is getting ready to launch right
now. It's like, if this doesn't hit, it's like, man, they're in trouble. So, you know,
anyways, a lot going on there. But Ryan, I would love to hear some thoughts on that.
And then Josh, we go right back to you afterwards.
Yeah, thanks, Wolf. I think it's amazing that Tesla has so many different components under its business.
Elon's talked about how basically Tesla is a conglomeration of a bunch of different startups.
And I think that's true.
You could basically separate out the supercharging network and then the battery development and then uh like fsd and
chip development and and optimus like these are all individual product products and projects and um
so because of that it lends itself well to the development of this community where we're able
to have these meetups and talk about Tesla
weekly and have enough to talk about because there's just so much going on and and it's uh
they're they're producing this inspirational feature so i'm happy to be part of the community
i i think there's a lot of great people um And it's cool that there's so many different meetups throughout the year.
Like there's the Chattanooga Charge.
And then I think there's another one that is about to happen in Florida.
And then obviously there's one back last year in the summer in California.
I think there's another that is happening in austria or happened
in austria i'm not sure but there's so many around the world that i can't even keep up so
uh it's really great that tesla is big enough to allow for that
awesome i will pass it over to josh right before i to you. I just want to say at the top of the hour, the next hour, we have a block coming up with a with Wolf Bitcoin crew. Cade will be coming over and Josh, then to Smokey, and give some wrap-up
thoughts as we're going to start to see some of the speakers for the next base popping up on stage.
Yeah, thanks, Wolf, and thank you very much, Ryan. You're absolutely correct.
One of the other exciting events I'll mention is the Michigan Summer Meetup. That's kind of the
largest Tesla gathering in the northern United States.
Highly recommend that. I will be there as a speaker as well and a ton of talent out there.
Josh North for a time, but certainly worth your while. You can mark your calendar, I believe it's
June 5th and 6th that weekend. So that'll be an exciting time. And it's being held in a place
called Musk Egan, Michigan. So that's exciting. But I just wanted to, to your point there, Wolf,
when you were talking about sort of the industry as a whole, it's really interesting. There seems
to be two camps of automotive outside of Tesla. Of course, Tesla is the gold standard and the
leader for the world, truly. But there seems to be the ones that are
like, they're refusing the lead of Elon Musk and the incredible talent of the Tesla teams.
And then there's other ones that are saying, hey, you know what? Yeah, they're doing it right. They
figured it out. And we're going to do something maybe not identical, but it's going to be darn
close. You know, they're going to maybe do their version of it and that sort of thing, something
that's actually going to work. And so we look at Legacy Automotive and really these guys
are so full of themselves. They really loathe and hate Elon Musk for the whole. I'm sure there's
maybe a few in there, maybe Jim Farley personally is kind of a little bit okay, but I'll tell you,
the vast majority are really refusing Elon's kind of know, kind of what he's done here.
And then you've got a few, Rivian is one that, again, RJ is actually becoming more boldened about speaking out on this, actually, as of late, following Tesla's lead.
Whether it comes to battery chemistry, whether it comes to charging networks, whether it comes to vehicle design, vertical integration, building your own supply chain rather than relying on everything else outside of the company.
And yes, they certainly, they've got all their chips on the table with R2, but, you know, that's kind of sometimes what it takes to get a company to be successful.
Because if you've got a big pillow to fall back on then you know the pressure
is not on and so that can really change the whole attitude of your organization we just saw honda
write off 15 billion dollars and they had their first loss in what 70 years they don't know what
it's like to lose money and so they really don't have any pressure on them they're just like
whatever we'll shrug it off and things will go back to the good old days. You know, that's the mentality with these guys. And it's kind of
disappointing because it's really holding things back as far as the industry is concerned, but
they're going to find out, you know, when things come home to roost, they're going to be in a whole
lot of pain. But I think that some of the other companies that are actually working and struggling
to take Elon and Tesla's's lead i think they've
got a chance great stuff there for sure and i believe it was smoky that i had said i was going
to pass to next i saw the hand shoot up and uh then we can go to landon and we are at the top
of the hour so we're about to close out in a second but really appreciate everyone hanging
out with us and like i said we're getting ready to roll over into another discussion here with the Wolf Bitcoin crew.
But, yes, Smokey.
Hey, really quick.
Yeah, Ryan was talking about the next thing in Florida.
I'll try to keep it brief.
It's going to be Cyber Balls, actually, on 420 weekend.
So go figure.
We got a little bit of comedy coming up with some, you know, good meetups.
And there's going to be a nice little, like a convoy and a light show with that one too coming up here.
And the weekend of 420.
Then as Josh said, we got Muskegon, the summer meetup.
Right after that, at some point, and probably a couple months later, we're going to be having X Takeover out in Cali.
And dude, Taj, we need to get you out there, man. It's going to be fun. takeover out in cali and uh dude taj we need to get you out there
man it's going to be uh fun you need to experience it brother smoky what's that uh city what's the
city for your florida event uh that should be around canaveral i'd have to double check but
i believe it should be around canaveral i've got a lot of vents in my head, too.
One thing you can always check on my profile itself is I actually got a link to our website, so you can always see what Florida's doing at all times.
Kristen.
I just wanted to add some closing words
if you have not watched Total Recall
and you like Elon's companies
you need to watch Total Recall
but I was going to say
the Tesla takeover Europe
I'm going to be speaking at that
will be in June in Austria
Flakau
I don't speak German
June 5th through the 6th
so if people are out there any Europeans don't forget German, June 5th through the 6th. So if people are out there, any Europeans, don't forget to come on over.
That is cool.
All right, I'll try to get us out of here.
And just in my part, I did enjoy meeting a bunch of different talented people that are true, literal artists.
And two of them, one of them is here in the room. The other
one is someone that Josh worked with. And so I'd like to bring them up very quickly. We have
Cybertrucks, we have Teslas, and then we have automotives in general that love to customize,
and we love to make them our own. We don't want to walk out to the parking lot and just get into a Model Y and realize, oh, it's not mine.
It's just another medium silver Model Y.
So we do some customization.
Some people do things themselves.
Some people struggle a little bit but want to learn.
And other people just say, hey, nope, I want professional service. I would
like you to do it for me, please. And so Josh has met the owner of this do it yourself. D Y do D I Y
sorry, wraps D I Y wraps is G J I. And he has done some personal work for Josh. He is sponsored
this entire Chattanooga Charge. This is the major
sponsor. This is big bucks. And he's got great programs. You can check with Josh on it. And they
can mail out do-it-yourself apps. They help you. They give you videos. That's really cool. And my
buddy from the Denver area is Man Cave Mike. Mike has been here in the audience. We did some fun road tripping.
We had great, and listen to his truck.
Listen to this.
This is not a wrap.
This is not plastic.
This is not anything.
He took 100 hours of buffing,
and he buffed his stainless steel Cybertruck
to a mirror finish.
And man, it is mirror.
It is mirror.
Look at Josh's videos.
You can have him videotaping, videoing right into it.
It is a mirror.
And then he did some sandblasting instead of vinyl
to get his name on there.
If you're in Colorado, Man Cave Mike would love to help you,
you know, customize your Tesla,
doing some traditional things like
tents and wraps and other things like G does.
So, you know, I appreciate these people because they are investing their time.
They're investing their personal money and their company money in our sport.
And what is what I consider is my hobby.
And so I appreciate these people and specifically Man Cave Mike, thanks very much
for your help this week. That's all I've got. Thank you so much for including me. Sorry for
the technical. Awesome. No, really appreciate all of you spending last hour with us on the
Tesla Deep Dive. It's always a great time every single week at this time slot. So appreciate
every single one of you, Kristen, Josh, Ryan, Landon, Smokey, and all of
those that are in the audience. Highly recommend that you follow these amazing people. They're
doing great things. We're about to transition over right now. We have Cade from WolfBitcoin,
and we're going to go into a wonderful discussion with the 8Lens team. So I'll pass the mic to you,
my friend. It's a nice little bridge from all this tech. And then we're talking about the
private company, of course, of SpaceX and some boring company, all these things.
And now we're transitioning over to another tech company and just bridges this right here.
So I'll pass it over to you, Cade, and you can take it away.
Yeah, I caught the tail end of that discussion.
That was a great talk.
We actually were talking Tesla at the end of our trading space a bit earlier, too.
So very cool. Big shout out to the Tesla crews out there and everyone rocking those.
And yeah, looking forward to this discussion. I believe we have the 8Lens crew up here talking
some on-chain lending, some real-world businesses coming over from the crypto side. It's good to see
that. Good to see the industry start to develop here in certain sectors as well. So not just
trading tokens, this kind of platform allows investors to, you know, get opportunities to fund small, also medium sized businesses, some bigger businesses
through collateral back loans and earning yields directly on chain, which is nice.
And hopefully, you know, well, not hopefully, it's a growing movement. I mean, the real world assets,
the tokenization world is growing. I just saw Larry Fink put out his annual shareholders letter
and talked pretty much about tokenization
of equities and all sorts of assets, like for the entire, at least for the clip that
he was talking about the letter, like the whole video was just that.
And it was a really interesting video.
And so look, you're talking about bringing global investors, the entire world of investors,
giving them opportunities and access to markets and investing opportunities they couldn't
get to before.
So we got some awesome stuff. I'm excited for this discussion. It should be a fun one.
I believe we have Oleg coming up on stage right now. We also have the A-Lens crew up here on stage.
I see Nat just joined up. It's good to see all of you here.
Would love to pass the mic over to the A-Lens team here, give a bit of a brief introduction for people who have not heard of you yet,
and then we'll dive into things. How are you?
Hi, how are you doing? Thanks for having me. Well, actually, my name is Ivan Marchena and the chief communication officer at A-Lens. We are an international P2P crypto crowdlending
platform that connects investors with real small and medium-sized businesses. So every loan is backed by tangible assets.
That's the way we're working with the RWA.
Things like equipment, vehicles or inventories.
So investors always know what stands behind their investment.
And today with me is my colleague, Alec.
I will let him introduce himself.
Please.
Hello, guys.
My name is Oleg and I'm independent 8lands advisor I'm
an also an active investor across crypto and web2 and I also advise crypto startups yeah
probably I won't talk a lot about 8lands so we will be happy to answer all of your questions. Let's start.
Absolutely.
We'll run it here.
We'll run it here.
Yeah, look, for people who are hearing about A-Lens for the first time
and some of the stuff we're going to dive into here with the on-chain yields,
with the on-chain lending, especially for the beginners,
could you outline exactly what is the problem in crypto lending
that you guys are trying to solve why have you guys stepped into this sector particularly
for the crypto industry well you know like um what happened in the crypto ecosystem is like
people just get into it because they were looking for uh high profits right so usually when when someone is new in the crypto
they was chasing for some mint coins or tokens that promise you like the x thousand and and
actually they don't have nothing that back what they are promising right they're just promises
so if something works you will get the the profit and that's good. But usually what happens is that you don't get any kind of profit, you just lose your time and your money.
So what we do, we actually have experience on the TrackFi web tool.
Since we have a big group of companies, our main partner is MacLear AG, which is a Swiss-based company
of peer-to-peer lending on the web tool. So with that experience, we decided to jump into the
web tree. And we already have one year, by the way, this month we were celebrating one year of operating with aliens so for us it's also like a nice date we are having
very good results and and what we do we just give access to to people that they know what
what is the the private credit that you can get some um some yield from that and that is something tangible and predictable for you, right?
Maybe, okay, I would say that maybe we are not giving you the promises that
usually tokens of Mint coins, they do and the X1000, whatever,
but what we give you is something that you will get for sure.
So you have the warranty that you are investing on real world
economy activity. So we have projects from the real world and that is where the RWA comes into
the game because they are working or they are serving as a collateral for the
the loan that you're taking through our platform.
For example, you choose a project, you can see different segments, it could be agriculture,
it could be logistics, it could be finance, and you see that this project has perspective.
You go and invest on that project and then you will get each month your yield,
and at the end of the loan period you will get your full principal
so this is something that is predictable for people they don't know how much money they will make
and the RWA are working as a collateral if something happens we know how to solve. So for example, if there is any project that they cannot afford and pay
the loan, they cannot pay to the clients, to the investors, so then we talk to the projects
and as we have the collateral, the RWA, we just, if we don't find a solution, we quickly
go to the market and just liquidate those collateral.
It could be real estate, it could be equipment, and we got all the money in order to pay back to the investors.
So this is where it comes, the transparency and the reality actually how it works,
because since we have experience from the web tool and we have a
legal backbone from switzerland which is a solid jurisdiction you know and then we're implementing the blockchain technology as making more transparent and and more trustable so um yeah usually that's
what we do i i i just hope that i could translate the idea because actually you know i speak a lot
yeah the collateral piece is what makes this structure structurally different from the most
defy yield products uh so there's a there is a physical
assets equipment machinery real estate that actually mcclary g holds as a collateral
if something goes wrong there is something real to recover that's not a typical in crypto so maybe So maybe 25% EPR sounds high until you understand where it comes from.
So the small and medium businesses, especially in Eastern Europe and Africa, they are paying that rate because their local banks either won't lend them at all or charge even more.
So 8Lands connect them directly with global capital.
No bank in the middle taking the spread.
Well put.
I've definitely got a few more questions.
I do want to pass the mic over to Nat.
Do a quick little mic check.
And also if you have any questions or thoughts on that
that you want to throw in there.
I know you're also deep in the DeFi world, in the on-chain lending world.
You're also paying attention to equities.
And so you've got your hand in a lot of different cookie jars, as you'd like to say.
I'd love to pass you the mic.
Yeah, thank you so much for having me, Cade.
It's always good to share a stage with Aitland.
I think the last AMA that we had was amazing um i i like what they're
doing and and i and i um i i like the structure of the business and the way they're going about
things but i do i do have a question right in do you guys have any in in order for a business to
grow the growth has to be measured right and we measure this growth by metrics do
you guys have any metrics that you hold yourself accountable to yeah yeah actually uh in order to
jump uh any project on board to our platform we have a very um very strict uh you know, like, how do you call that? Like a casting, you can say that.
I mean, like, we check everything about the project. We check what they are having.
We have like 40 points to check. First, we check the business model of the project.
model of the project
they want to go on
our platform. We
check which is the team,
all the documents
so we do, as you say,
the due diligence process, right?
So that Macleer helps us
in order to choose with which
project we will start to work. So it's not so
easy actually to get, to
jump into our platform.
And all the metrics, we take a look at the
documents of the project so in order to see that it can provide what he's promising and we ask what
they need the money for. Sometimes they need the money for maybe to expand their operation in other
regions, maybe to buy some more equipment.
So we check everything, we see that everything's working.
And only after that, they go live on our platform.
So yeah, we're checking everything for the projects.
If I correct, understand your question.
By the way, hola.
Yeah, I remember you're from Puerto Rico, if I'm not mistaken.
Yeah, yeah, Dominican and Puerto Rican.
Yeah.
Exacto, exacto.
So what would be the minimum and maximum?
I know we've touched base on this before.
We've kind of spoken about this on WolfBitcoin, but for Wolf Financial and anyone that's listening,
but for world financial and anyone assisting what's the minimum or maximum?
what's the minimum or maximum?
Well actually for an investor to just to jump into just as less as 100 GSDC
he can start investing and for the projects usually they are asking for
20-25 thousand till 200 thousand or half millions it depends what they need right so if you are you if you are
asking about the investor how can can start as small as 100 gsdc and actually we yeah as you say
it actually was a good remark that we are not working with bitcoin and you know because the
volability it's unpredictable so we only work with a stable coin.
In this case, it's USDC, first because it's on the base, and it's a second layer,
so it would be cheaper for the fees, and it's more, let's say,
well, I just don't want to use that kind of jar liquid,
but I would say it's safer than another alternative coin that is more volatile, right?
So that's why we're with stable coins.
Yeah, no, I definitely get that.
Especially as a lending service, you want something that's a bit more stable versus volatile.
So great point.
I guess I'll hand the mic back over to Kay.
Kay, thank you so much again for having me.
Yeah, absolutely.
Appreciate it, Nat.
Taj, we'd love to toss some your way as well, get you
in the convo.
Yeah, just
really interesting stuff here.
Obviously, there is a real-world
use case. When it comes
to the various businesses
that are coming on the platform,
how do they, guess you say are these
already people familiar with the process and the technology or is this like a an educational thing
as like businesses that need funding are coming in and uh bridging the gap between understanding
the tech and how the platform actually works i was just wondering how you're making that
connection with the businesses that need funding.
Well, actually the business that they're coming to the platform, they already know what's
blockchain about, right? So as I told you, we have our main partner that is MacLearyG, is in the web too. Many of the projects that they come, they come through MacLeary at the beginning,
so they know how it works. They've already been working with us, and they know all the procedures that we have.
Then when we launched this A-Lens project, which has one year of launch it, we gave them the opportunity to expand the investor universe, since you know when you have crypto crypto so the whole world is open to you
since when MacLeod AG is a Switzerland company is based in Switzerland we have a
Switzerland regulatory body so mostly the investors are from Europe from the region of
Europe and with aliens we're giving access to the whole world.
So now we can have investors from Latin America, which is from ION originally, and we have investors
from the USA, we have investors from the Europe, from Asia, from Africa, India, Australia. So
this is the beauty actually about it. And as I told you, the projects, they already know how we work.
Most of them. And they have knowledge also of blockchain, but not all of them.
Most of them, yes. So that is why we so they come to us because they already know us.
Interesting. Now, as like the crypto market is like, you know, the investor side, the user side is evolving, getting a little bit more educated, seeing TradFi and I guess you would say the the the blending between
like, say, stock investing and equities and bonds and all this stuff is now kind of coming
on chain.
So bridging those two things together, like where do you see this going?
Because right now there is such the lines are blurring between traditional investing
and what would many people would think would be like crypto speculation.
So you know, where are we going going forward?
Actually, it's a great question, Tash.
We are covering that gap.
We are bringing up education as well.
So we have even crypto courses.
We have many, you know, like meetups, many online like this,
AMA shows that we are taking part of.
Because we want people to understand what we are doing,
at the same time we are having some of those educational events.
So I see, in our perspective, that people are really interested
in starting to do investment through crypto.
But the problem is that they are afraid.
You know, like, okay, let's talk about first when the market appeared,
as you say, and when we're talking about Minkins and trading and so on.
There were many promises.
So the narrative is well known by people.
They were coming because they were thinking that it's easy to make money,
which was not actually the truth.
So, okay, and now they understand that there are many scan projects and so on.
So that is where we are focusing because we are educating people and we're bringing something that is sustainable already on the TratFi
and we are here on the web tree, on the crypto space.
So people understand what is the private credit, they understand already, but now the stake that we're giving
in front is that we are now on-chain. So it's actually the same structure. The difference is that with the blockchain
technology is more transparent because you can see all transactions, you will see where the money goes
and at the same time we are having the RWA so you have a collateral that it can give you
an understanding that if something happens your money is not disappearing because you have the collateral that can be easily liquid on the market
and you get back your investment.
So this is the great difference we can say that we have with other projects
because we are giving not only that collateral as a warranty, we can say, but at the same time we are giving, we're having a
provisionary fund if something happens. We're having many, how do you call it, the funding
mechanism for people if something goes wrong, if something is not working, so we're doing that.
What, to not make, okay, to make a long story short, we are educating people and we're doing that. To make a long story short, we're educating people and we're showing that
you also can make money on this ecosystem in something that you already know. I mean,
the private credit, it's an old story from Web2, so it's just getting evolutionating and much better on one tree.
Got you.
Last question before I pass it back to Cade is, you know, a lot of times when people think of De very much different than just, you know, random crapshoot in the casino.
So I'm just wondering, you know, as far as securing this, like what assets are you using
to really collateralize it?
How are you doing this process to make it a little bit, I guess you'd say reducing the
risk for the end user because pretty much, you know, nobody wants to lose their money.
So like understanding the aspects and evaluating the risks,
how are you helping the end user to understand the risk associated with it and reducing it?
Yeah, actually, as you say, we're having the RWA.
That's the collateral that reduce the risk of the investors.
And they also can see all the financial assistance that we are doing thanks to our partner, McLaregy,
which has already a lot of experience with that
on the web too.
So also we can say that for more securities
that alien protocols have been audited
by CyberScope and CyberTech.
I mean, so you can take a look
to the whole structure of the business
because for us, the most important
is the transparency
so people can understand
that there is nothing here to be afraid.
It's not only, we're not working
only with the marketing
and making ads or promo videos
and saying that everything is great.
Now we are showing, we have pictures, we have been visiting all the projects that are coming to us,
that are working with us. We have all the reports. You can check that on our website.
We are having an app for that. So everything we're trying to give the most,
to make it cool and smooth the the path of working with us
for the for the investor so this this is the the how we we secure the investment at the same time
we're having um one one more mechanism i think oleg can help me with we call it yeah yeah the buyback uh it's uh it's isn't insurance
for a third party but it's a structural commitment uh from mclears partner ecosystem so backed by
collateral that was secure up front so uh so any loan is funded, so the collateral has already been legally assigned.
So after 60 days, our partner doesn't pay back, the system works in and our partners
is helping to return money to our customers.
Yeah.
Yeah, so that was the mechanism that we're having in order to protect the investment of our clients.
I really appreciate that.
Going into that, it's a bit technical.
So yes, definitely something that
you would have to read up on as usual. Like none of this is financial advice for anybody.
Do your own research and check into all of these things. But I appreciate that answer and I'll
pass it back to Cade. Definitely. Definitely. Yeah, I was going to say we have a few minutes
left here. So if anyone else has any final questions, if you're in the audience, just drop a comment down below the space.
We'll see if we have time to get to it here.
I did want to kind of inquire on, you know, what we've got coming up for the rest of the year for 2026.
Also, like any, you know, big accomplishments you guys have had, any big accomplishments in the past year or things you guys have just coming up over the horizon you're excited to talk about or excited to launch or anything like that. We'd love to hear
Yeah, yeah, sure actually as I told you we we just
Celebrate our first year. So it's it's been wonderful. We're having many
many things that that we would like to to to share with with with
all all the audiences that we already have more than eight and a half millions of loan amount
so we found more than eight and a half million we already repaid two million, even more than 2 million, so in one year.
Our social media, as you see, we are extremely growing.
We have, for one year on the Telegram, we're having around 50,000 already followers,
not only followers, but also they are becoming active investors.
The number is 1,500. It's keeping growing on the X. As you see, our profile will have around 57,000.
So yeah, there are many things that we already achieved after one year because we started with zero.
So this is actually a good result.
And we are hoping that we are keeping growing and we are bringing more projects.
We are expanding on more regions.
We are integrating different languages, which is giving the opportunity to democratize the investment for the whole world on the private credit on chain.
So, yeah, this is what we're doing.
And I think Taj has one question.
Yeah, Taj, please, I see your hands.
Yeah, earlier I asked the question about, like from the user standpoint, but let's flip it to the other side.
The risk from your standpoint, how do you reduce the risk?
Because I know with lending out money and these business models and so on, whether it's on the tech side or whatever it might be,
side or whatever it might be, there's a lot of risk on the firm that's providing these.
there's a lot of risk on the firm that's providing these.
So I was just wondering, how are you reducing risk to make this sustainable, long lasting
and so forth? Because, you know, there's lots of risk in this space.
Yeah, yeah, actually, that's a good question. Well, we know with project we work, since
I told before that we are working together with MyLear AG, which is our main partner.
Most of the projects are already working there on the platform of MacLear and they come into A-Lens.
So for us, it's much easier because we already know those businesses.
We are getting the collaterals, as I say, the RWAs.
It could be like real estate,
invoices, machineries, so everything we got and only after that we just launch live the projects.
And at the same time, if the project asking for funding, I don't know, it could be a big amount of money. We don't give them the whole bunch just at once.
We first, we divide those on different rounds.
For example, a project needs like $100,000 and they're asking for it.
The first, we do like four rounds for $25,000 and to see how they are behaving
and the performance they have
when they are paying back they are on time everything we check all the time we are behind
them so uh those us is the way that we we keep the risk uh away from us i mean like uh of course you
you you always have a risk but we try to reduce the maximum we could do it.
So, yeah, usually that's what we do.
At the same time, as I told you, we are very strict in order to onboard those projects.
So we check everything and we have the Provisionary Fund as well.
We are asking each project to, for example, if...
Okay, just don't want to open all the secrets, but just for you to understand,
mostly the RWA, it could be real estate, for example, offices or whatever they have.
We check how much is the than the demand is right now.
So on that way for us it's also like covering some risk. And the projects they are agreed to
because they know they need the funding, they know that we are a transparent platform and that makes
this the beauty because we know with who we work
we are not trying to bring everyone on board we're just working with those that they they are sure
about the ability to to pay back right so this is this is the most important i think
okay and i know i said it was my last question but I have one more and then I'll pass it back to Kay. As you're speaking, these ideas just keep popping into my head.
So what I'll say really quick is so obviously like crypto is like worldwide, 24 sevens, just everywhere, no borders and so on.
But as far as collateral, right.
collateral, right? So let's just say a business is in one jurisdiction and collateral, let's say,
So let's just say a business is in one jurisdiction and collateral.
I don't know, the business is in Europe, collateral in the Caribbean and in the Middle
East or something. How do you assess that? Is it like, is there a formal structure in which that
you determine, okay, this is the type of collateral from these types of regions I can use? Or is it
like really just case by case?
Like is it, do you have like a jurisdictional area?
Like we only operate in these areas, only these types of collateral or is it just every case is different?
No, it's a great question actually.
It depends on each region, you know, that each country has his own understanding,
the legal and, you know legal assessment is totally different.
So we used to work with Europe because our main office and our main partner is in Switzerland.
So we have already been working with the European region.
But by expanding, we are bringing some projects from Africa, Middle East, Asia or Latin America.
We check case by case, but we already have the experience from Europe.
So mostly you will see the projects on the platform, they are from Europe.
So that is why, because we have already all the experience from there,
and our main quarter is over there.
But the other regions, we check case by case.
You won't see many projects from Africa because for us it's quite more difficult to take a look
because we are going into those markets.
We have the experience but we have to check how is the regulatory body on the region,
which has our legal risks at the same time. So that's actually
that's why I'm telling you this is a good question because this is some expanding step that we're
having to take, we're having taken, but we are going case by case. So mostly the most projects
that we have are from the European region. So because we know how to work over there better than on other regions.
But still we're learning, we're expanding, we're growing.
So I think that it's a matter of time.
And we will have the whole world with us. I hope so.
Definitely. Honestly, Taz, those are great questions man um yeah no this is fantastic
i was gonna say aylans you know final question here just to just sort of wrap up and put a bow
on things um any last things that we haven't talked about that you think is worth bringing up
or mentioning in regards to the company or even the broader real world asset industry the lending
industry in general that people should be aware of whether it's for beginners interviews
or even experts in the field that you want to make sure to leave the people
with before we sign off here yeah sure actually I just want to make clear
something that when we are speaking about tokenization most of the people
they understand that anything that have value on the real world it can be
tokenized right so you just move to the virtual, I mean to make a token,
and you translate the value of that onto the ecosystem, right?
The crypto ecosystem. But tokenization is not only about that.
Tokenization, we work with the real world assets
in the way that we're using that as a collateral.
So most of the people, they sometimes mistake or confuse
that when we're speaking about tokenizing the private credit loans,
we're making a token of the loan.
No, actually, we are not doing that.
I just want to remark that we actually are using
the active of the real world
that is what we call rw8 as a collateral in order that you have something tangible on the
on the real world and you can understand where is the yield coming because uh just just to be honest
if you don't understand where the gills comes from that means that you are the GIL.
So in that way, I just trying to make sure that the audience understand that
what we are offering or providing our service is that we are inviting you to invest on the real world economic activity.
And you not only are investing and getting some profit from that but you are also
helping to those regions to develop their economy so you can say that you are not only making profit
but you are at the same time you are like helping other countries to develop so that's the big
difference from other projects that are coming on the crypto world and tokens and many many things
so just i want to make it clear because many people think that we just tokenize the loans
and and that's not what we do we just uh the real world assets as collateral in order to to give you
more uh something more trust no more trustable than than just promises. Like saying, okay, this project is going to be the best one and everything will work.
It doesn't happen that way. You know, guys, we're living in a crazy world.
You see what's going on in the Middle East right now.
So it's difficult to predict something in that way.
So what we do is we show you what segment you can develop.
That's why you also, I always say, if you want to reduce your risk,
you have to minimize your investment.
When we're talking to minimize, not only talking about doing trading,
going for tokens, going for mint coins, real estate,
but you also, on our sector, on the real world assets investment,
the private credit with collateral real world assets,
you can choose as well different industries.
As I say, agriculture, logistics, finance, even winery, even coffee, brewing.
So whatever you like, you just take a look what we have.
And yeah, just what can I say?
You just have to try it in order to understand it.
Actually, let's be honest, if you don't try it, you don't know what's so.
But here you have all the what is backing us.
So you have support and you have transparency.
So yeah, that will be my take on that.
That's honestly a great distinction there.
I'm glad you put that in there at the end as well
for people who are listening.
And look, for everyone who's in the space,
I appreciate you guys for sticking through.
Hope you guys learned something
and you enjoyed yourself.
If you did, definitely be sure to follow the A-Lens account.
Keep up with their journey.
You know, get involved
if that is part of the impact you're trying to have
and be part of this.
I mean, this tokenization world
is literally just getting started. And every single asset manager is pretty much following suits and
a lot of conversation around how we're getting this global economy into the access to be able
to invest. And so I think it's a really, really cool industry. Aalyn is doing some great stuff.
Again, give him a follow. If you enjoy these panels, definitely be sure to follow the Wolf
accounts up here. Follow Nat, followaj as well for coming through in this
discussion i appreciate both of you for coming through and yeah man it's a great space big
shout out to all the tesla people who stuck around as well shout out to all of you it's a great space
beforehand so i think we'll close it up here hope you all have an amazing amazing rest of your day
we'll see you guys all in the next one. Take care.
