Yeah, chamath is full of **** here. Construction costs are the bulk of the cost, not tunneling itself. Disposal alone of tunnel slurry costs about 4 million/mile. The concrete constructions costs about $4 million/mile. Safety mechanisms including exits add another $3 million/mile. Musk and his enablers are just being frauds as usual.

I wasn’t sure if it was a parody or not for a good minute. I thought Musk was all “beware AI” to Zuckerberg and now he wants to hook us all up through microchips?

Here's the jurassic park one

https://www.google.com/amp/s/www.fox...-max-hodak.amp

+1 there's so much logistical costs involved in construction that the lay person wouldn't factor into it

first job out of college was building the san marino high football stadium in LA.

our single largest cost was getting trucks to come and remove excess soil and bring it to a dumping ground (like a new truck would arrive every 5 minutes) and then about a month later bringing all that soil back

this blew my mind, it seemed like they were mispending hundreds of thousands and my 21 year old "i know better than the world" mindest brought it up to the foreman and who would have known they'd actually factored in that stuff when making multi million dollar project decisions and this was indeed the cheapest way to go about it

maybe Elon has friends who are building homes on uneven ground and are willing to take his "clean fill". When the dump trucks could potentially run themselves you can save a lot on labour.

His quote is actually at 46:20 in this podcast, Elon can do it for 1m and next best equivalent is 20m, not 24. Really seems Chamath is out of touch here. Sounds like he is talking about just boring it and not actually making it safe and all the concrete work, reinforcement etc.

https://www.youtube.com/watch?v=uPwvZZkrJ90&t=1231s

Stonk or space bs?

nah he and grimes just dropped acid again

azeliah banks claims when she tried to collaborate with grimes it was impossible because she too methed out

Are there people who think Chamath is not a charlatan ?

I don’t know much about chamath but I was asleep listening to that podcast and that quote woke me up.

Cool car. It would suck for it to malfunction and be trapped in though.

You: Help I’m stuck in the car!
Onlooker: How can I help?
You: Try grabbing the honeycomb handle/button thing.
Onlooker: They’re everywhere. Which one? The ones in the front- ahhh it is eating my hand!

The video would have been better if Doctor Grant proposed to her at the end and then it got awkward.

Great business practices by Tesla, they're increasing prices on already sold solar roofs and pressuring people - who in some cases have been waiting for a long time, taken loans and already made preparations to their houses - to accept the new terms ASAP, as they'll be processed in the order they'll accept.

My sentiments on Tesla's current position in EV aligns very closely to those in this video.

the answer is - no other manufacturer is willing to compete with a ridiculously cash-burning business model.
And why should they? They will keep selling large volumes profitably instead.

aka the Amazon model.

I'm the biggest TSLA skeptic out there besides maybe TS but this seems kinda bullish. You only do this for either
1) you have too much demand
2) your input costs were underestimated or they are going up for some reason, re-pricing allows for higher margins

It's really weird is what it is, especially since they're sitting on $19 billion or so in cash. It's bad PR for peanuts. Probably some manager or VP wanting to get his numbers up.

Amazon had great cash flows

(If I remember correctly)

Their net income has only been good the last 5 yrs. It was minimal to negative for a long time.

Net income is not cash flow though. Amazon always led their quarterly reports with cash flow (not income) and were very explicit and intentional on that front. They did that for a long time (like well over a decade I think) - And the cash flow was great but always being reinvested / hence poor income / but tremendous growth with huge future income (which is now current)

a lot of material costs have gone up recently, so if there was something in the contract based on price fluctuations it is understandable. if it was pre paid, you should be locking in a price though. if I quote a contracting job for someone I usually don't have that clause but recently some of our supplies went up over 100%, pvc for example.

Yeah, but it's an important part of it. If all your cash flow comes from debt and equity raises that's not going to last forever.

Also you seem to be talking like I was painting them in a bad light. I wasn't. Just stating that it's a strategy that worked out that wasn't entirely obvious to most people at the time.

Any comparison between the 2 should include the number of capital raises after their respective IPOs

Based on current price action on no news whatsoever I am resigned to the fact that TSLA will become the largest market cap company in the world with most years growing share price 50%+. I will not invest a dime into this scam despite this acknowledgement

This is probably the run off delivery numbers, just coming a week later or whatever. Max pain