Tesla

“With Waymo they started off in the DARPA Grand Challenge era of self-driving, which is old school, classical computer vision, classical motion planning, and they built this highly validated, robust system that's now on public roads, and it's great. But they kn…”

“What I see is, is really Tesla as a company who kind of pioneered the end-to-end neural network approach to self-driving, which I think is the right technical bet long-term, but they put some constraints on it.”

“Elon's companies have always been very capital efficient and like build a bad one and then build a good one. And so the boring company bought a commercial tunnel boring machine before they started developing their own. Tesla had the master plan where they buil…”

“And so, with the exception of two companies, Rivian and Tesla, every car on the road has, depending on the amount of content, anywhere from 50 to maybe a 150 little computers that run the car.”

“I think first is I'd say there's alignment amongst Rivian, Tesla, Waymo around the use of AI to train. And so the view that you're building a large scale foundation model, multi-billion parameter model, you're building that with the data flywheel of the vehicl…”

“You know, the best measure of, I think the under investment in this space and the lack of highly compelling product is that there's a single company, Tesla, that still has around 50% market share in the United States. The United States is at around eight perce…”

“With the exception of us and Tesla, every manufacturer today sells through distributors, and distributors then on to dealers, or in a few cases, direct to dealers. But nonetheless, there's a middle layer.”

“I think he's a better business person than he is inventor. He's amazing at both, but like, people don't understand, like, he just naturally understands, like, just get the cost down, and that's very hard to compete against.”

“And it would not surprise me if when we're like crusty old men sitting here, like, you know, At, let's say in our late eighties, that pretty much all the cars and all the trucks were electric, all the ground-based transport was electric.”