Tesla

“I actually think that innovation in most spaces Comes from innovators who are from outside those segments, right? And I think we've seen this happen in multiple scenarios. Most of the ad businesses were created by tech founders who are not from the media space…”

“I told this to Elon as well. And I said, I told him when I met him, he said Jay, what about, you know, potentially he was kind of indicating, can you kind of come back? But when I told him it is a bit boring for me. I said, I did what you wanted me to deliver.…”

“Still, I had to take a pay cut purely in a salary and bonus, because VMware had been a really solid salary and great bonus. And that really stopped almost 100,000 dollars just purely from salary cut perspective. And then on top of it, I had to leave stocks bec…”

“The first mission impossible for me was building an ERP in three months. And I took, you know, I've known in my past life and Oracle and others, ERP implementation took, even at VMware, took a year to two years. It's a massive project with hundreds of millions…”

“My wife didn't sleep for six months when I left my job at Tesla, because how many, how much money I left, and people thought how much, you know, trust I established to deal on while it not, it was not working out that great for so many people I had in such a g…”

“When he and Martin started Tesla, they were like, listen, oil is going to be a problem. Climate change is going to be a problem. We need to move towards electric cars. And the way they thought about the world was, we don't want to make, we don't want you to bu…”

“Tesla has shown that it's, you know, grown to be a trillion dollars in, in market cap because it has more data than anybody else.”

“In the absence of it, there's no way lithium-ion prices would have become affordable because it changed the underlying economics of the industry radically. The small form factor sales were very affordable, but the small form factor sales would have never, neve…”

“So I think, ah, open sourcing the patents was more, ultimately served more PR purpose than genuine accelerate the industry purpose.”

“There was one guy with nine shares of Tesla, just nine shares of Tesla, who went And sued Elon. And he said, this pay package is too big. And then the judges actually came and they said, yeah, the pay package is exorbitant and they canceled it.”

“Although Tesla has a massive factory in Shanghai, but the approach is that we will support our companies, and that's why BYD today is much, much bigger than Tesla.”

“It's a possibility it can become a 30 trillion dollar.”

“China is actually behind, much behind Tesla. Everyone is much, way more, way behind Tesla in terms of the real FSD.”

“It is 50% of Tesla's profit actually the last few quarters have been from the energy business.”

“We didn't build the entire thing. Reality is in the four months we built the basic necessary version. It was definitely very scrappy. It was buggy, but made it work. And then from there we kept building”

“And if you look at electric cars as an industry, no one except Tesla makes money on electric cars. And Tesla's margin is about 17%. So if Tesla was going through dealership, even they wouldn't make money.”