Tesla

“So I think that it was not too many years ago that, that Tesla was sort of skating on thin ice in terms of finances and so forth. And then as a stock took on a life of its own, the stock went up a lot that allowed them to raise capital and get themselves on mu…”

“I feel like the Tesla brand and the experience and all about it is just like Sony back in the nineties.”

“Every technology company has had their fanciful attempt to try to create a meaningfully differentiated experience in the car, all have failed. You think about Microsoft and the Ford Sync. You think about CarPlay, kind of, maybe a little bit works. And the only…”

“What they definitely did do is use that share price to sell new shares, ah, at very little dilution, and raise over ten billion dollars of cash to the balance sheet that year.”

“I think the model three is kind of the preview of where cars are going to go in the future. And I think car enthusiasts will be dragged Kicking and screaming into this world.”

“The guy at BYD is better at actually making things than Elon is.”

“They're gonna have to go to TSMC, though, in the next generation, because you want three nanometer.”

“It was three billion.”

“I mean, I think if that had happened, DeepMind would not have gone down in the same way, and probably OpenAI would not have gotten founded.”

“He immediately calls up Demis and says, I will buy the company right now with Tesla stock. This is late 2013, like, early 2014. Tesla's market cap is about twenty billion dollars.”

“One total market size thing you could do is try to sum the entire automaker market cap today, and that would be two and a half trillion globally, if you include Tesla, or 1.3 trillion without.”

“There's what Eric Schmidt wanted, which is crazy. He proposed, oh, let's just go buy Tesla, and that'll be our starting place, and then we'll just put all of our self-driving equipment on all the cars.”

“I think the point I keep kicking around is much like the quartz crisis in the world of watches, speed is no longer relevant. I mean, the F-Eighty goes zero to 60 in 2.2 seconds. This is the supercar. This is the three to five million dollar car. The Tesla Mode…”