Projects
![]()
No projects found
Investors
New
DAO Treasuries
DATs
Lend / Borrow APRs
Chains
Categories
Spaces
TESLA DEEP DIVE🔋
Recorded: May 20, 2025 Duration: 0:59:30Space Recording
Short Summary
Tesla is gearing up for a transformative phase with the anticipated launch of its Robotaxi service and the production of Optimus robots, signaling strong growth potential and a shift in the autonomous driving landscape. With a remarkable 96% increase in stock value over the past year, investor confidence is surging as the company prepares to redefine transportation and robotics.
Full Transcription
Good afternoon, happy Tuesday, and welcome into our Tesla Tuesday show.
Boy, what a good one. It is going to be Tesla.
It's been good times. It's been good times all around.
Penny, welcome up on stage. How's everything going by you?
Dude, super good.
It was pretty cool to see Elon's interview this morning,
even though he got attacked by a mindless NPC.
Just to see his answers was cool.
I'm excited to officially hear him state that he's more focused on his companies again and Tesla again.
And he's dedicated to the next five years at Tesla.
next five years at Tesla. Of course, we've got to get his comp plan worked out. I think that's
Of course, we've got to get his comp plan worked out.
something that Tesla's board and investors should be focused on in the upcoming days.
And just amazing optimist news over the past week as well. So it's been fun to be a Tesla fan and a
Tesla investor for me this week. What about you? Yeah, it's getting really exciting here,
especially as we drop closer to June.
And obviously Tesla stock has held up really, really well.
We're at the highest that we've been since February 21st.
You know, it just continues to move to the upside,
which I'd love to see.
I feel like, you know, I just want to bring it back.
This happened last year, right?
We were down 43% on Tesla.
We were sitting on this base saying we're bullish. Tesla starts ripping year, right? We were down 43% on Tesla. We were sitting on this space saying we're bullish.
Tesla starts ripping back, right?
Now we're only down 10% on the year.
Everybody, right?
We've got, I don't know if you guys remember,
but like, this is probably where I buy most of my Tesla shares
is in these spaces.
Because I'm sitting here just, you know,
feeling the conviction oozing.
And so these spaces have made me some good money just coming here and being a part of it. I had a good buy there at 274. That's
looking pretty nice right now, right? From where that was at, I think that I'm up another like 20,
30% on that buy. So I'm pretty happy and excited. I feel like with June coming up, you have a lot
of excitement now. I want to hear people's thoughts on if we are actually going to see us stick to a timeline
here.
So I want to talk about that.
Some of these robotaxis actually being able to operate in cars, operating without people
driving them.
I also think that there's so much excitement right now around Optimus.
So myself and Omar, we obviously have our channel, the Gigacast that
we run with Farzad and Sawyer. And we just did a full episode on Optimist. And it looks like it's
going to be our most popular episode yet. This one is at 15,000 views in four days. So there's
just a ton of excitement all across the board for optimists you know we shared some
of the videos that elon put out some of those pieces there's almost 100 comments on this video
and uh 681 likes on youtube so i think i feel like there's a lot of interest here in optimus
and everything that's going on there so i'm i'm really excited for that and to see it continue
to come along together um yes the things are are exciting with Elon that was pointed out as well, right?
A couple of you made those comments
or Penny, you spoke about it there.
Our, as we call him right now,
Keckius Maximus, I suppose,
is the current title for him.
If you look at his profile at the moment, shout out.
So there's just a lot of pieces that are going on here.
And yeah, there's just a million things
continuing to come together
that I think are really exciting across the board. And so I'm excited to hear the
thoughts from this panel. Omar, let me kick it over to you. 11 days to June. How are we feeling?
Hey, yeah, super excited, feeling good. You know, it's interesting you mentioned the stock
performance. In the last 12 months, Tesla's up 96%. So if you bought some Tesla shares a year ago,
you've basically doubled your money. And the phrase Gergavin often says comes to mind,
bears sound smart, bulls make money. And I mean, this has got to be the most hated stock and most hated company by the media.
The negativity is just relentless from every angle in terms of what Elon is doing, in terms
of attacking what the company's doing, saying, oh, you know, all these people are protesting
and they're going to attack you.
So I think they're really in a position where they're about to surprise everybody
because nobody's really focusing on what really matters, which is that autonomous driving is
scaling. You know, you look at the success of Waymo, they're giving 13 million driverless rides
a year. So we're rapidly moving into a self-driving world. And it's going to change a lot of how we get around, how our society works, the consumption
model for transportation.
It's going to be a massive disruption along with robotics.
And Tesla, they're launching their rideshare service next month in Austin.
next month in Austin. So Morgan Stanley met with them. I think kind of the catch there is that it
So Morgan Stanley met with them.
may be invite only at first. Waymo and others also started off in each city going invite only.
Right now they're about to launch in Atlanta. Early access ahead of their summer release,
they're giving out some early invites to people. This is, you know, something that they typically do, then they would open it up to the
public. But yeah, I think the key here really is, you know, Tesla has actually engineered a
self-driving system that's strongly differentiated against other players like Waymo and Zooks.
So Waymo, they buy a car, they take it to their factory in Mesa, Arizona,
take it apart, remanufacture it, and they can make thousands of self-driving cars using this process.
Tesla's come up with a technology where they can just take an ordinary car off their line,
which they're already making millions of every year, and they can turn that into a self-driving
car. For the service in
Austin, it'll be the first time that you can take a ride in a driverless car and then actually just
go on Tesla's website and order that and start using it. And their AI can take you a bunch of
places where Waymo can't go. It's just been insane to see how the Pure Vision model scales.
It's just been insane to see how the Pure Vision model scales.
You know, so Waymo, it's been about 16 years since they started.
You know, a human baby could grow up and learn to drive in that time.
But they're active in four cities right now.
They're active in Los Angeles, San Francisco, Phoenix, and Austin.
And they're going to be bringing Atlanta on this summer.
Then I think they have DC and
Miami maybe next year. But, you know, we're talking about a handful of cities. Most cities
still don't have access to this technology. Meanwhile, you've been seeing Tesla putting
out videos of not only the countries they already operate in, which is the US, Canada, Mexico, Puerto Rico, China, but they're now showing off FSD in the Netherlands.
In France, going around the Arc de Triomphe.
In Australia, showing off FSD right-hand drive on the other side of the road.
So they're really showing how versatile this model is.
So they're really showing how versatile this model is.
Unlike with Waymo where they have to pre-map everything out, they can actually just take
this model and it can drive many places all around the world.
So they really have a technology here.
Most people can't really tell the difference between all these systems.
They're all the same.
But they have a system that can actually drive better with less hardware, with less mapping
requirements.
And most people don't get that.
They think Waymo is the undisputed leader.
But I think in Austin, when people try both head to head, they'll be able to actually
see that Tesla system can drive better.
It's smoother.
It's more comfortable.
It's more human-like, and that's really a result of being
trained on millions and millions of miles of real human data. That makes a big difference.
People think it's about the sensors on the car. The more sensors you have, the safer you are.
The sensors can tell you what's in front of you right now. For self-driving,
you need to be able to know what's going to be in front of you five minutes from now, or not five
minutes from now, but a few seconds from now. You need to be able to predict the future. And deep
learning and large-scale data sets are the way to do that. So really impressive scaling we've seen
from the Tesla AI team with all these countries they're expanding to.
The international expansion of FSD, I think, is very much material.
The rideshare service in Austin is going to be very important too.
It won't be financially material.
It's probably going to be very small-scale service.
We're talking 10 to 20 cars at first.
But it'll demonstrate for the first time that this technology,
the Pure Vision technology, is actually strong enough to be driverless.
And if they can do that, it's going to change the way analysts look at this stock
and look at the rideshare business.
This rideshare business they're launching is going to be a new line item. And of course, I think since the last time we did this space, we also saw the Optimus
dancing video. Just incredible work that they've done on not only the hardware,
sort of replicating the range of human movement, but also on the software side.
They've come up with new ways to train this robot using reinforcement
learning and simulation that dramatically reduces the amount of human motion capture they have to do.
So everybody's excited about humanoids and everybody's looking at humanoids. All the
mag-7 tech companies are looking at it in some capacity. People can see that this is a new trillion dollar market that's emerging.
Kind of like if you're here in the 80s as an investor at the dawn of the personal computer
or at the dawn of the internet or dawn of the smartphone. It's like, wow, okay, there's probably
going to be a robot in every home, at least one. And there's probably going to be many robots in each business so this is a massive massive market that's going to be opening up these
really general-purpose devices just like your computer could replace your
typewriter but they could also replace your library and so many other things
it could replace your you know calculator and your phone could replace
your your camera it could replace your map it could replace your calculator, and your phone could replace your camera.
It could replace your map.
It could replace so many other things, your video camera.
This robot is going to be able to do so many different things that people need done.
Really, the TAM is the entire global labor market.
TAM is the entire global labor market. So when you see them demonstrate that they know how to
train these AI models well enough that they can drive you safely around town, putting that
intelligence in a humanoid body, combined with Tesla's manufacturing ability, you know, they've
demonstrated they can make millions of cars. I think they can make millions of robots as well.
they can make millions of cars. I think they can make millions of robots as well. I think there's
a strong case to be made that Tesla's going to be dominant in the humanoid robot space as well.
But of course, that market is still very nascent. It's hard to say for sure how things shape out.
But they are planning to produce thousands of their Optimus robots for internal use this year.
planning to produce thousands of their Optimus robots for internal use this year.
So yeah, we're a few weeks away from June.
I'm definitely going to go to Austin as soon as the service opens.
And I think it's going to be a moment where a lot of investors have to reassess how they view Tesla.
Because if their technology is actually strong enough to be driverless and they can install that on an ordinary car, you're going to have to redo your sales growth forecasts.
You're going to have to redo your earnings assumptions and people are going to have to start raising their price targets.
price targets. Yeah, I'm curious, just for a second to talk about it, since Optimus was
our conversation that we did this past week. Omar, do you think that there is,
I feel like there's significantly more competition when it comes to Optimus
than there is necessarily for Tesla, the car side at the moment. I just feel like
there's a lot more companies that are maybe in similar stages building there. I'm just curious,
get your thoughts on that as someone who's kind of looked more across the spectrum.
I mean, I actually disagree. I think the auto business is a hundred year business. There's a
ton of cars. And you know, you look at all these sort of cheap Chinese
EVs that are flooding the market, you look at Legacy Auto, it is brutally competitive.
In the humanoid robot space, we see a lot of competition in making cool demo videos.
So making a cool demo video and making millions of cars is a very different thing. It's very easy to make a
demo video and make the robot look cool. To actually make the robot work and to make the AI
on the robot work and it doesn't fall down and it doesn't break your dishes when it's doing your
dishes, that's a lot harder than making a demo video. So everybody and their mom wants to be in the humanoid robot space.
The reality of breaking into this market is going to be very tough for everybody,
including Tesla.
I mean, you're creating a new market that doesn't exist now.
And getting these things to a cost where businesses and consumers find value,
there's a lot of work to do to reach that point.
So I would say really, you know, the humanoid space is very nascent.
The space is there for someone to take and dominate.
Whereas in the auto market, I mean, it is just one of the most brutally competitive
and capital intensive product spaces you can compete in in the world,
I think. I think that there's not enough appreciation for how much compute and
manufacturing is going to play into dominating the humanoid robots. So to train these robots to do
all of the different things that we're going to
want them to do, that's why Elon is building bigger and bigger compute clusters for both XAI
and Tesla. I think that's a huge advantage where a lot of these competitors, you know, in China or
elsewhere, they're just not going to have the same resources to build these data centers and they're
not going to have the same
track record necessarily manufacturing cars like Elon does. I think they've designed Optimus from
the ground up to be mass produced. From the very first minute they were thinking about it,
manufacturing it was a priority as opposed to creating fancy demo videos. They're just now
getting to the point where they can create fancy demo videos.
And I think it's just going to accelerate from here
because of the way that they've planned from the get-go
and these new training techniques that they have
and these new data centers that they're putting up.
I think it's just a matter of time
until Optimus is doing all sorts of things
and they're printing them in numbers
that the competitive companies just really can't at this point, I think.
Cool. Well, that's good. Appreciate you guys.
Listen, I'm always looking for the real thoughts, the pushback.
I just kind of speak to sometimes what I'm seeing across the board from my insights.
I do want to go over to some other folks on the panel.
I'm excited that we got Gali up here. Thank you to Ryan for recommending that we get Gali up here.
Gali, welcome to our Tesla panel. We'd love to hear your thoughts on everything that's going on
in the Tesla world right now. Hey, great to be here. I love the Omar's thing about there's a lot
of competition in making demo videos for all of us. stuff. That was hilarious. But I kind of look at
this as robo taxi launch coming up in two weeks. That's like where all my scheming and kind of
focus is. And also coming from the perspective that Tesla has tons of cash on its balance sheet,
which I know we all know, but just the fact that they have 10 bill or 20 bill to deploy at this
without even thinking about it, not that they're going to need that at all, is I think they're just in such a position of strength. And even I was following some posts
by Meyer who thinks they might even not go cash flow negative with the launch, which I think is
crazy. And then this concept that there's 1,500 Waymos doing 250 million in revenue. So the launch
seems small from a numbers perspective, but I think is going
to have such a big impact quickly. And if they report it as their own revenue line, like I think
that's going to be awesome. And how many, like Waymo doesn't have a fan base, Tesla has a fan
base. So sure, you could assume that 50% of the country would never take a cyber hub because they
hate Tesla. Well, the other 50% is going to be lining up, like chomping at the bit.
Like, I think it's actually going to be a problem for Tesla how many people fly to Austin and try just to literally use their service.
Like, it's almost going to make it hard to use because so many people are going to use
it, which is like the marketing and hype factor that Tesla has.
And you don't need that many people to switch their whole kind of consumption pattern to,
oh, I use Robotaxi to go everywhere.
Like you don't need everyone to do that for this to become, for this to make Tesla the
world's largest company even.
Like you only need a fraction of the population to really become big users.
And I think we're going to get more than that.
So I just feel like this marketing and kind of like Elon's hype angle is such an X factor
that Weibo doesn't have.
And I'm a little bit bummed
that it's going to be model-wise at first
because I also just think what they've done
to like redesign the taxi cab in like,
it's an homage, the cyber cab is kind of this homage
to the taxi cab in this futuristic way.
Like, I just think when people experience that,
it's going to really feel like the future
and it's going to be a lot cooler than a Waymo. And I don don't know I just feel like that's going to be a huge moment for everyone
the public to kind of appreciate it and it's going to go viral a lot faster um and then the other
thing that I that has kind of caught my eye that I'd never thought about until there were some
posts about it on x floating around was cyber cab deliveries at night with optimus and i don't know if that will actually happen or not
but that is such a like fascinating use case where at night if if the real world if optimus
is working in the real world and can help deliver packages from cyber i mean that's just going to be
a game changer for the utilization rate of cyber cab and thinking about this is not just a people's
network but moving around stuff and packages and logistics. And that is going to, I don't know, just factoring that in makes it like
game over for Waymo and even bigger of a business than I already thought. So I think there's so much
like exciting potential there. And the last clue I'll drop that I'm curious what any of you have
thought of is Ron Barron. He's like a legend, long-time Tesla investor. I'm pretty sure he's always scheming with Elon behind the scenes. And he said that Tesla's earnings are about to
explode. So that's an interesting clue where he's, I feel like Tesla's got this figured out
totally different than Waymo. It's not going to look like Waymo where they're losing billions
for years and going slowly. Tesla's always lean. They're always super innovative. They're always extremely efficient with their personnel and assets. And I think we're going to see that
carry over to CyberCab with like a totally different cashflow profile than Waymo. And
this could actually like materially add to earnings, maybe not this year, but next year,
a lot sooner than people think. Like Omar said, it's taking 16 years for Waymo to launch and not be profitable
at all. Tesla could maybe get profitable with their cyber cab business in, I don't know,
a couple of years. But also the other, to lay some skepticism on that, I think they will need
supervisors monitoring the cyber cabs. So there's going to be high insurance costs. They're going
to have to roll it out super slow. If there is a crash, that's going to cause like a nightmare PR system where, you know,
all the Democrats are already going to hop on that and try and ban Tesla.
And that could be a total shit show.
So that would be kind of a worst case scenario.
But it's also like you're when you're doing the impossible, like there's kind of it's
hard to forecast what could happen and what could go right
and what could go wrong.
So I feel like on the road to achieving the impossible, which is this robot taxi everywhere,
like there could be a lot of hiccups.
And I do think the market is pricing it in like Tesla's doing 6 billion in trailing cashflow,
which is pretty good, honestly insane.
They're doing that, given the sales dipped a little with the Model Y refresh, but that's
nowhere near enough to quite justify the 1 trillion plus like i do think there is some hype and
oh elon cut him off he was getting too critical
he's uh he's in the audience anon listening gave him the chop
okay i'll see if i can get him back up here golly you cut off for a second you are muted now
if you want to try to unmute for a second i can see if i can get you going again but
i'm not hearing it yet ryan do you want to you want to pick up where he left off
sure can you guys hear me i'm using a different yeah today yeah we got you okay Ryan, do you want to pick up where he left off? Sure.
Can you guys hear me?
I'm using a different way today.
Yeah, we got you.
Okay.
Sweet.
So basically, I think what Gally hit on is really great.
Like, really, the profit of Tesla is about to balloon because autonomy is just a money printer.
Like, I mean, the way I've been thinking about this and the way I've modeled it out financially, about to balloon because autonomy is just a money printer.
I mean, the way I've been thinking about this
and the way I've modeled it out financially
is basically, like right now, they
have a subscription that you could pay $99 a month for.
Of course, there's also the ability
to purchase it for $7,500 upfront.
But if you want your car to drive completely by itself, which is going to
be possible very soon, then you'd be willing to pay, or at least I would be willing to pay much
more than $99 per month if it could do 100% of my driving. So, you know, basically like if the
Tesla could do what the Waymo can do right now,
which it can technically, um, but if it's able to do that with no regulatory hurdles,
then, or with no regulatory restrictions, then I'd be willing to pay like $500 a month,
because it could just, I could just click a button and they could Uber people around.
It could pick up deliveries.
Like I could sit in the car and be doing other tasks.
It's just really the utility and functionality is,
it's like the value that you get from it,
it far exceeds $99 per month.
Whoa. that you get from it, it far exceeds $99 per month. So, whoa. Oh boy.
I guess it far exceeds $99 a month.
But yeah, like, so if you just have a fleet
of millions of vehicles and you expand that fleet,
growing at 20, 30, 50% a year.
And also the $99 per month is increasing at, let's say $100 per month per year. Then all of a
sudden, fast forward five years and we're in 2030 and the cost of an FSD subscription is $499 or $999 per month.
And the fleet is tens of millions of vehicles all around the world.
And that's just upfront.
So this is what customers would be paying to have FSD on their car.
customers would be paying to have FSD on their car, but you're also getting revenue and profit
from every mile that's driven.
If you model this out, it just becomes absolutely absurd.
Oh, on top of this, like the adoption rate is low right now, relatively speaking.
Eventually that adoption rate will go up from, I don't know what it is right now relatively speaking eventually that adoption rate will go up from i don't know
what it is right now maybe it's five percent or something like that globally but if that five
percent or or something similar goes to 50 or it's even mandated in some geographies then that five
percent will balloon to 50 or 70, maybe even 80%.
I mean, something that's multiples of what it is today.
So if you just multiply, I mean, if you just add all of these multiples and you think of
the 70, 80, 90% margin on each of these miles that's being driven, you get this astonishing
number.
That's what's about to happen with Tesla.
And that's why I'm in particular such an advocate of options.
If you believe the stock is going to 5x within the next couple of years,
or even if you think it's going to triple within the next couple of years,
then it at least behooves
you to look into options to learn more about how they work uh i think like i i really believe that
options are tremendously better than any other leverage that you could get from margin. Margin is like the absolute worst type of leverage.
Options, it can be bad,
but at least you're protected.
If you just do the simple options,
you're protected from losing more than you invest.
And Ryan, can we just be very careful here
with recommending options that just a small drop in here that for people who have Tesla shares, cover calls are an amazing way to amplify your shares value.
And if you don't have Tesla shares, cashier puts, CSPs are also an amazing way.
So we have to be careful to recommend options without understanding that there's options
traders and options sellers.
So Ryan, if you could just kind of describe that a little bit, they'll probably help.
Sure.
I'm advocating for people to look more into options, to learn about how they work and
investigate them further.
Like I personally use them, well, I suppose in a variety of different ways,
but the main one that I do is just purchase long-dated out-of-the-money calls.
I mean, it's really just a matter of, I want people to investigate options as an option for investing in tesla uh it's it's not it's not really truly a
recommendation for purchasing any specific style of option or any specific technique
but i think really just the the main thing is people should be looking at tesla in
looking at autonomy in a different way.
Um, the way I personally model it out is as I described, there are other ways
that you can model it out, but regardless, the conclusion is typically that you get
this maximally profit generating machine.
It's, it's really insane.
Uh, and that's what Gally was saying.
I also, I want to say that, like, I've listened to Gally
for maybe seven years now at this point. And I think he's tremendous with his analysis of Tesla
and Elon. Like, I don't agree with him 100% of the time. It's more like 98% of the time, but I just strongly support him and many others on this panel.
I highly encourage everybody to check out his work and watch his videos when he publishes
them about Tesla.
Great thoughts shared there, Ryan.
Appreciate that.
Golly, you wanted to jump back in.
You cut out earlier
um no I was just gonna say thanks Ryan but um I guess on Optimist the one thing I'm curious of
is what do people think about how soon it's gonna launch because I kind of feel like it's been way
ahead of schedule the whole time and I don't, I just feel like that's a super exciting
thing that we have like this double kind of storm of events of not only cyber camp, but also optimists.
And that just seems epic. And also that Omar said the TAM is the global economy. I think the TAM
is bigger than the global economy, because anytime you have disruption, you have you create a much
larger market, like how big was the cell phone market,
but then Apple came in? So I think we're going to have that for human labor, which is almost
hard to wrap your head around. But I've already been scheming on optimist derivative businesses.
What are assets I should own right now? Like land. I think the utilization of land in terms of
farming it better or being able to construct new things on it is going to go up exponentially with Optimus.
And so I want to be like I'm already acquiring those assets to get ready for when I have my fleet of Optimuses doing stuff.
And I feel like it's the derivative business.
Like I'm just thinking about what I could do if I had an Optimus and it's like blowing my mind.
So if everyone has that, it's going to and it's like blowing my mind so if everyone has that it's
going to be it's going to be crazy landon you want to jump in darn right thanks wolf hi omar
hi penny great conversation so far i want to talk about optimus as well and it's out of my wheelhouse, so to speak, right? I'm just a used car salesman
that loves automotive and design and things like that. So I'd like to talk to you about
the next version of the Model S or the Model X, but I've got to look at humanoid robot Tesla Optimus because I'm not an AI expert.
I'm not a robotics expert.
But I do spend, you know, probably an average of 11 hours a day just reading everything I can about Tesla and the future.
I'm a futurist.
I'm a futurist. I'm a technologist. I tend to think that these technologies will
solve the lion's share of current day-to-day social problems within our lifetimes. You know,
when you see the CEO of Google and he says about our CEO, Elon Musk, he says he has an uncanny knack of reaching into the future and bringing
the technologies to today like no one else. That's the guy that I want as my CEO. That's the company
I'm going to invest my money in because I'm excited about it. And humanoid robots is not understood widely.
So when you go in, you talk to bulls and bears about Tesla automotive, everybody's got an opinion,
right? If you move then into Tesla FSD technology, well, people have opinions. Maybe they're not as fleshed out or as experienced as just on the cars, but they just don't know what to think.
And they say that.
They say, we don't know what the bull case is on humanoid robots.
We don't know what the bull case is on.
They can't wrap their arms around it.
So this week, Travis Axelrod, investor relations head for Tesla, has got a Morgan Stanley event in Fremont to talk about
Optimus and the humanoid robotic future. You know, talking about making 5,000 of them this year,
and he says, hey, you know what we're going to do? We're going to have you come back,
and we're going to let you walk the production line at the end of this year.
They're saying, hey, this is an important technology
that there's no basis of understanding. If you go into a serious robotic X spaces and you say,
what do you think about having this robot or having them in your home or having it as a
partner in your life? People say, oh yeah, I wanted to wash the dishes. Are you kidding me? The dishes? Why don't
you pick something a little bit grander scale, like anything you can think of that's the hardest
thing that humans do, that get killed all the time? That's what Optimus is going to do. That's
how this is a $5 trillion addition to the company in the next 20, 25 years or so, I speculate, along with others.
So that's my feeling there.
I'm really excited about that potential, and it is going to change everything we know about the world and the way we interact and our finances as well.
So look at the humanoid robotic optimus and decide for yourself, open up your
minds. Thanks for having me in the space talking about robots instead of cars, but here we are.
I wanted to quickly address what Gali said before Landon, and thanks Landon, because I agree nobody
quite understands what's going on with the
robot here even the people building it right it's such a new concept but I love the way Golly's
thinking with like what what is going to change about the world is land going to be more valuable
now that I can have an optimist work it but I wanted to address your question of launch time
I think there's like from an an outsider's perspective, a couple major
things that we're not sure about yet, right? We saw how incredibly agile it is at dancing,
and I want to see how agile it is with its hands. How good are those new hands? What exactly can it
do? The other question is, it's one thing to copy an exact dance, right? Like here's the
dance you're going to do. Now we're going to simulate it and you dance it. And then the next
step is, can optimists actually freestyle dance? Can it think about what it's doing as opposed to
just copying someone else? And I think that's relevant because if you lay five dishes in order
and you program it to move those dishes from a predictable location into the dishwasher,
that's just much, much easier to do than to walk up to a crowded sink and randomly grab one at a
time, clean them and put them away. But we know that Tesla knows how to train for that. That's what
FSD is. It's dynamic. It does not run into a series of, you know, cars in specific spaces
and go around it. So I know that they'll have the training techniques. They'll be able to get there.
Those are just the biggest things that I haven't seen yet that I think are going to be necessary
before it's deployed at scale
in sort of useful things.
So what does the timeline look like for that?
I have no idea, really.
It depends what we haven't seen yet.
I will say, though, I agree with you that they've been ahead of schedule this whole
time.
And, you know, everyone was so afraid that China was leaps and bounds ahead in the humanoid robot market. And Tesla
sort of dispelled those issues or rumors overnight with one video. It's like, holy crap, what they
did with the feet and legs, the balance of that optimist doing those ballet and Irish jig or
whatever other dance moves it was doing. It was just absolutely incredible.
I do think that it's going to dwarf CyberCab, right?
The robo-taxi business is going to be huge, and I'm so super excited about what that means for Tesla
over the next couple of years.
But Optimus is just going to absolutely blow it out of the water.
It is like product in its final form.
You can do anything with optimists.
Once these things start thinking and moving and doing everything as good or better than you can,
our entire world is going to transform. Just like, think about how much litter exists on planet
earth in various locations that doesn't need to. And if there were, you know, a legion of trash picking up robots,
that would be solved. And that's like probably one of just the easiest low impact use cases.
There are tons and tons, whether, you know, helping out with old folks, you know, moving
them around when it's difficult for the doctors to, to doing construction. I mean, I think we're
going to terraform the deserts.
We're going to make the deserts look beautiful.
And Optimus is going to be the way that we do that.
So, you know, there's a long road between now and then.
I'm looking, you know, maybe decades into the future.
But I think we will see Optimus sooner than we expect.
And it's going to change the world in ways that most people aren't even beginning to imagine.
I like when you started elaborating on some of these different routes and paths
that we can go down to create change, right?
Because most people probably are not thinking
about terraforming the desert.
They're thinking about, can this do my dishes, right?
And so there's a pretty wide chasm
in between those two things.
Kim, do you want to chime into the convo?
Hi there.
Good to hear from all of you.
I love your enthusiasm, Omar's, Omar.
I said Omar's blog, but Omar, it's awesome.
What I was really excited about is I have some friends coming in town,
and I offered for them to use my Tesla while they were here. And so I just gave them access
as drivers. That has got to be one of the best features. Just the fact that you can share
access with your car. Little do they know I can track and see where they're at.
It's great when you have kids, though, and you let them have access to your car.
No, but I really, I haven't actually done the share with kind of people outside of my family.
So I shared it with both of my friends that are coming in last night and they were just amazed at how smoothly that is.
And it's every little technology feature of a Tesla car that just surprises you, you know, when you use it and you're like, this is why I love that car.
What is some of those, yeah, Trevor?
Yeah, I just want to echo there.
Anyone in Austin who wants to grab a Model 3, I have two of them.
I only use one.
So if anyone wants to grab it for a day,
I think that as long as I have some ability to know who you are,
just grab it, and it will shock you.
That's it.
And just know that he can
see where you're at at all times.
So don't be going off
doing any kind of
skanky things.
Just kidding.
Penny,
do you think they're going to have some optimae in the strip
club?
Oh God, Please go.
100%. This is probably the next business that's taking off because of this chat here.
Oh, God.
Well, if there's something I might say about the robots, I mean, I think having, you know, I agree.
Everyone will have one at some point. I mean, we already have,
you know, little types of things like this, like your, I mean, it's not even close, but you know,
your robotic vacuums, et cetera. But just imagine the time it's going to free up, you know,
especially for women who I know probably a lot of you guys out there do share in housework, but the facts are most of the women are still caring for the kids working and the housework and cleaning.
So just think of how much time that's going to save where you can spend more of that time focusing on your kids, right?
spend more of that time focusing on your kids, right? When you can have something cooking for
you or cleaning for you, this gives you extra time to be with your family. So, you know, we could see
how technology has evolved over the last, you know, 200 years and allowed people like, you know,
washing machines, you know, dishwashers, all these technology things. So when you have a robot that's
going to be able to do that, I can't wait till Tesla can actually drive kids to school. That's
going to be amazing because of how much time I spent on the road driving my kids was insane,
like hours a day. So that'll be a whole amazing feature as well right right i'm curious
yeah um so i definitely think kim's right about like a mo it's mostly women in the household
doing these chores uh it's going to save them a ton of time i think at the beginning you know
tesla has been talking about uh helping people with people in the factory,
replacing boring, repetitive, and dangerous work.
I think those jobs are typically performed by males.
So I think both genders are gonna appreciate
this technology tremendously,
and it's gonna have a fantastic impact for everybody.
I look forward to the day where these,
these optimists are helping build more optimists and, um, yeah, so we basically have like this
complete robot cycle. That's, uh, robots manufacturing more robots. And that's going
to be a pretty cool point to get to also like, like we talked about having robots in strip clubs.
I've kind of had this thought that like most consumer technology seems like it's pioneered
by three main industries, by defense, adult entertainment, and by gaming.
And so when I think of Optimus being used
in any of these contexts,
I could see it being very useful, basically.
Same thing with Neuralink.
And if you pair them together,
you just get some pretty insane applications.
pretty insane vacations.
So I think this future is going to be quite exciting.
And I think also like people are going to be able to use their robots in the way that we use the LLM models today.
Like we're able to prompt our LLM models to perform digital labor tasks.
prompt our llm models to perform digital labor tasks and we have ai agents that are being developed
to specifically focus on specific digital labor tasks but in the future you'll be able to just
prompt your robot to perform a physical labor task and there will be robots that are specialized for those unique use cases. And so, I mean, it seems to me like this is the appropriate way to think about how these
robots are going to be developed.
If someone has another thought about how this feature is going to unfold, I'd be happy
to hear.
But this is my current thinking.
I think there's a generalized narrative here that we have a horse and buggy situation.
And I mean, everyone's going to respond to this in the same way.
It's like, we cannot predict the future.
We can't.
We think we can. We're like, oh, we see it, but we can't.
And I think that the idea that men and women are going to be separated because of these robots,
it's not going to be the reality. I think that we're going to have the most dangerous tasks in society taken care of by things that are probably pretty shocking to us in the
future. We have the ability now to take the most dangerous tasks and hand them off to other
creatures who will do it for us, which we can argue all day about their anonymity and all of that.
But there's something beautiful that's going to happen.
We're going to create a situation here where Tesla, I mean, to be honest,
like Tesla is, you know, people think about it as a car company.
It's like, you know that.
Everyone knows it's not a car company.
But yeah, it's just wild what's about to happen.
I'm just like, I'm so shocked.
And I'm not shocked for me.
I'm shocked for my daughter and her kids and, you know, the rest of the world.
You know, it's, like, this is going to become something wild soon.
And I know I'm, you know, a pregnantist being an investment, you know, being kind of an investor here.
But it's pretty wild what's about to happen.
That's all.
Big things coming captain captain Eli you got any thoughts here
Yeah, well thanks for the but what's up? Yeah, well for me to be completely honest with you
I'm not focusing on the robot
I'm focusing on FSD because for a lot of you guys here,
Robotaxi and Optimus, that's the future.
And it's going to be soon, you know, next month for Robotaxi.
Or at least unsupervised.
But we're living like, you know, under the UNEC, Europe,
whatever you want to call it.
So we have autopilot still.
And, you know, a lot of people here are not from the US.
So we're looking forward and just looking forward and hoping to get FSD, just FSD.
We will worry about Robotaxi and Optimus later.
Obviously, I'm excited about it, but that's not going to happen soon.
So FSD.
I have my theory on Tesla.
Lately, we see a lot of videos coming from Australia and Europe.
So basically, once again, under the UNEC kind of places or legislations, it seems to me, and that's my theory,
it seems to me that Tesla is trying to push the narrative that it's already operating on the test level with employees for
sure. And we need the people. We need people like Alexander is here in the lounge listening.
We need people to push, to send messages, letters to the government to say that we want FSD,
we need FSD. It's important. Tesla was basically, I believe.
Captain, are you far from your mic?
With the government.
No, I'm using my AirPods.
It's just really quiet for me.
I don't know if it's for everyone else too.
It's fine for me.
This sounds actually decent.
Okay, thanks.
Thanks.
So yeah, for me, it feels like Tesla was talking to governments behind the scenes in a quiet, you know, hush-hush kind of level.
And now they're ready to engage with the audience and people all over the world.
We need it in Japan, South Korea, Australia, New Zealand, Europe, so many countries.
It feels like in China, for example, with FSD, they had at least robots.
They have, like, unique kind of car companies, but Europe,
they don't have anything interesting.
Like they have kind of boring companies that are manufacturing cars and they
don't seem to accept new technologies. We all know that.
We're talking about it in so many other spaces. You know,
Omar and some other guys at Glendon here.
And for me personally, after I'm putting the FSD subject on the side right now,
talking about Optimus for a second, I don't know about, I don't know what about you,
but for me, Optimus, looking and moving like a human being, that's not a big thing. I'm not to see uh optimus moving like human being i'm kind
of interesting uh to hear maybe not here and now because we have only 10 minutes but i'm i'm curious
to hear from people why they need to see um optimus moving like human being so much for me it's all
about the tasks so if you can do like whatever you guys said like you know dangerous tasks
dishwashers it doesn't really matter as long long as it can do it more officially than us, that should be enough.
So that's kind of the subject I'm following.
We have Meta.
We all know Meta.
He's talking about it so many times.
So I'm following Meta, and I'm very interested to hear
anytime he has something to say about technical aspects
of what Optimus should and shouldn't do.
Yeah, so that's me. Thank you, Wolf.
Eli, quickly, do you think that time is the factor here that
humans require a lot of sleep and that these robots will be
able to charge faster in the future?
Well, yeah, definitely. I do believe that they will need uh like two three hours charge and they can
operate whenever we're sleeping
you like to address what you asked about the the human-like movement i think for me
the reason that i care about it is because it's a display of mastery. When you see a robot move like a human,
you understand that the control mechanisms
are just phenomenal.
And that's what I'm looking for.
I'm with you on that, Penny, for sure.
But that's the technical level, right?
We will be impressed by the technical level
and the capabilities by Tesla.
All I'm saying is if the mission,
if whatever you sent him to do, it to do, I'm sorry,
as long as they do it better than you,
does it really matter?
No, not really.
It's just, I think that it proves as an investor
that they're closer to be able to perform those tasks
when they can show me graceful movement like a ballerina.
I know it doesn't necessarily transfer directly,
but I think it is a direct display of mastery of control and i think that's super important great points uh emperor door
you're hanging up here with us did you have any thoughts here on tesla
well i have to say my main thought is every time that we run this space, the price of
Tesla stock rises.
So I don't know if that's just the effect that the Wolf team, Omar, Penny, all the great
speakers up here have or not.
But I mean, the space started and we literally moved up like $5 a share.
So it seems to happen every Tuesday.
I don't know if maybe we need to build a trading strategy
around the Tesla Tuesday deep dive space.
But no, I mean, I think I'm just as excited as everyone
with June right around the corner,
with RoboTaxi right around the corner.
I mean, there's just so many things to be excited about.
And it's like, I don't know, it's I think I'm so excited.
It's like, is it ever going to get here?
It almost feels like, you know, I have a four year old before Christmas when he gets so excited that Santa's coming.
He starts counting the days.
I feel like I'm in that same boat right now.
And I'm sure many of you are probably the same.
I guess I'm trying I'm trying to temper my expectations in a way I'm ready to be blown same. I guess I'm trying to temper my expectations in a way. I'm ready to be blown
away, but at the same time, I don't want to get over my skis too much on excitement here, but
I don't know how you can't be just super excited. I mean, as you see, the more and more automated
driving, just autonomous driving across the globe being developed,
being worked on. And then Tesla obviously head and shoulders above that, in my opinion, and I
think most people's opinion, just seeing that that day finally kind of get here. It's like,
I mean, this is Tesla's Christmas coming up. That's all I really have to add today.
That's all I really have to add today.
Yeah, speaking of that stock price,
Tesla is officially down less than 10% on the year.
Down single digits on the year.
Back up over $350.
Very cool to see.
By the way, you could write a cover call for like $8 for now.
That's not the stock price.
Like, the amount of positive momentum to Tesla is so high, guys.
If you're an options trader, I get it.
I don't trade options, but I sell cover calls and some other things.
But it's shocking to see the amount of progress that we have.
On a weekly call, we have an $8 strike right now.
I would add something to that real fast.
I would almost think about maybe doing call spreads.
Because I feel like if you write a covered call, are you wanting to...
The scary thing to me is this thing blasts off and now you're selling your shares that you want to hold.
That part makes me nervous.
I would almost just add that I would look at maybe doing some type of spread uh that
way you you you sell and buy and and you're just collecting the premium between the two great idea
but are you nervous that like what if this thing just explodes and and all of a sudden those shares
i was i was wanting to hold forever get sold yeah yeah you're ever you're awesome so um
i lost like what five grand this morning on open um so i what i do is is every monday i trade a
twenty dollar plus a cover call that's it and it's worked out well over time but this is always
perfect it wasn't perfect this morning so it's okay to be
to be losing but at the same time like i'm still holding my shares it's okay
i want to just chime in with the counterpoint that i feel like you don't need options to do
super well and for most people it'll be a distraction that will backfire and just buying and holding the stock in a company you believe in is what the greatest investors ever
do and if you're not an expert in options you could easily ruin what all the work you're putting
into researching tesla that's just my counterpoint i have have one option strategy, and it's when Tesla completely tanks, when it hits like
super, super bloody water, I like to buy out the leaps, the two and a half year out
options at that point.
And I did that during the huge drop, what was it, a couple of years ago, and I held
it in the negative for years and it was super rough
but right around the time when it came to sell is when Tesla popped before the end of the year and
I ended up doubling my money on it I did that again during the most recent drop when it went
down to 225 and I've already doubled my money on that it is like a once every maybe year or two
opportunity that you get to jump on those but that, that's worked out well for me when there's blood in the water.
Look at the options.
Yeah. If you have the capital to do that, that's great.
I think that, you know, doing weeklies is awesome. If you, I mean,
if you're bullish, yes. But the end of the day here is like,
Tesla is a company that's not like trying to shrink.
It's growing.
You know, Tesla is like a weird vibe here.
We have to like see here on Twitter.
We have to see here on all these spaces.
You know, I'm Canadian coming down here to the US.
And what I see here is that there's one stock that kind of like
messes around with all the other stocks and the analysts are not kind of doing
their best job here because of they can't anticipate what what Tesla is is
it a car company or is it not it's not in my books it's not you know and and to
be honest like the idea of robots taking over,
doing the dishes and all of that, I don't,
I don't know what that really means at the end of the day, but I do,
I do know though that,
that every day that I invest in Tesla has been a positive day over time.
Yeah. I, I, I think from what I'm hearing in regards to the strategies,
there's different strategies for different folks. Obviously, if you're going to use options,
invest the time to get educated on how to use them, right? Start slow, right? Take your piece
there. And it's okay if you never use them as well, right? There's common stock as well. The
number one thing that I would just say is figure out how to get invested in some way, shape or form.
You don't want your money just sitting there losing its value in the bank. That's, I think, at the end of the day, kind of the overarching
theory for me. We are hitting right into the top of the hour. This was a fun one. Nice big crowd
in here today. I know a lot of the Tesla supporters. I know the haters come too. They
hang out with us. We appreciate you all as well. Penny, any final comments for today, Space?
Nope. Another good one. Thanks for showing up. Go golly it's cool to have uh some new
blood in here
perfect omar anything else from you
no uh two weeks until june
perfect thanks so much everybody we'll catch you on the next one. Have a great one. Thank you.
