capital

“China is a net capital exporter, right? Like, to the point here, like, you know, they send us far more capital than we send them.”

“One of the most important things that Elon has been able to do over the last many years across multiple companies, like, his real genius is matching enormous amounts of capital with technology companies, right? Like, that's what he does. That's what the market…”

“If the markets are ultimately rational, it's very hard to see how capital gets rewarded on this long term.”