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TRUMP BREAKS SILENCE: Responds to Elon Apology

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0:00

Donald Trump responds to the Elon Musk

0:03

freakout. Let's listen to this clip.

0:05

Apparently, it's an exclusive from the

0:06

New York Post. See what they got for us

0:08

and uh what it could mean for Tesla.

0:11

Now, what happened with Elon? Um is

0:13

there anything that that it's Alon now

0:16

to forgive him? Could you see that

0:18

happening? Well, I look I have no hard

0:20

feelings for you. I was I was really

0:22

surprised

0:23

uh that that happened. He went after a

0:26

bill that's that's phenomenal. It's it's

0:28

the best thing we've ever signed in this

0:31

country. And that's phase one. I I will

0:34

say expanding the Trump tax cuts are a

0:36

big deal for a lot of small and medium

0:39

businesses, especially what they were

0:40

talking about in the Bessant hearing.

0:42

They didn't say it very clearly, but

0:43

they talk about this, you know, 100%

0:45

deduction for businesses. They're

0:47

talking about basically these these

0:48

accelerated depreciation benefits where

0:51

they're bringing back through this bill

0:53

the opportunity to buy equipment or

0:55

machinery or whatever and expense it all

0:57

in a year. I I'll tell you really

0:59

quickly and I want to keep going with

1:00

this Trump thing, but why that's so

1:01

important. Imagine that this aircraft is

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is like a piece of machinery for a farm

1:07

or it's a data center server. It's a

1:09

computer or whatever. Okay. Now, let's

1:12

say this this piece of machinery is uh

1:14

$13 million and uh you got a loan on it

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for $9 million. Uh through Trump's tax

1:20

policies, you would be able to write off

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the full $13 million and basically

1:26

eradicate that from your income by

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assuming that this is now worth zero

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through tax policy. Uh and so that's

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just an example of one of the big things

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that gets extended and is talked about

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getting extended in this. Uh, and so

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that could actually be a boom for the

1:41

uh, aircraft manufacturers again. Uh,

1:44

you know, whether that's Cirrus or Embra

1:46

or whomever. Anyway, let's keep going.

1:48

In phase two, phase three, all of a

1:50

sudden is, you know, it all comes

1:51

together. It's coming together so well.

1:54

And when he did that, I was not a happy

1:55

camper. Yeah. So, it's too bad. You said

1:58

he had pro Wait, I want to see his

2:00

facial reaction to that. I was not a

2:02

happy camper. Yeah. This is pretty much

2:04

classic Trump. Happy camper.

2:07

So, it's too bad. You said he had

2:09

problems. What kind of problems? I mean,

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is it the drugs? I don't know what his

2:12

problem is, right? I haven't thought too

2:14

much about him in the last little while.

2:17

And uh he just didn't get I think he

2:19

feels very badly that he said that

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actually. And maybe it was something

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else. I mean, he I don't know. I I feel

2:24

like maybe I'm reading into this a

2:26

little bit more, but there's like this

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subtle facial expression that you get

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there from Trump. It's just slight like

2:33

a slight little jaw movement after I

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think he feels very badly. That to me

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indicates our suspicion that the Trump

2:42

team told Elon you're going to disappear

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andor your companies are going to

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disappear if you don't shut the f up. I

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I feel like you could see a little bit.

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I'm probably way overreading it, but you

2:54

tell me. Okay. As I think he feels very

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badly. You see this like jaw jitter and

3:00

I feel like it's like I effing hate that

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guy and we creamed him and got him to

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U-turn. You know, outwardly remember

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Trump will have a bias of wanting to

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come across as, you know, the big heart

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human. This is part of, you know, like

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when you see him at Fort Bragg yesterday

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and he's like, "Can we get a doctor?

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There's a there's a beautiful woman. She

3:22

needs a doctor. Can we get a doctor?"

3:24

And then he patiently waits. Thank you.

3:27

Thank you, doctor, for coming, right?

3:29

Like these moments are designed to make

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him seem like the big heart candid

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human. And and maybe he is, right? But

3:36

but that's that's the point. Like part

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of it can also be like by design. But

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anyway, watch watch for that movement

3:41

there. Maybe I'm reading into it too

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much. I think he feels very badly that

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he said that actually. And maybe it was

3:47

something else. I mean, he had the fight

3:48

with Scott Besson outside your office.

3:51

Yeah. Well, they had not a fist fight,

3:53

you know, people, but I guess they had a

3:55

little bit of a shouting match, but

3:56

that's Did you hear it? That's typical.

3:58

I know a little bit. That's sort of

4:00

typical about, you know, Yeah, that

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happened.

4:04

Wow. Okay, that's really interesting.

4:06

So, what did we get from this? Well, we

4:08

got at least this public commentary is

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we got this idea that, hey, all right,

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no hard feelings. He's over it. That's a

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big deal. Uh, so no hard feelings, big

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deal. Hopefully this translates into no

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big punishments for Elon, Tesla, SpaceX.

4:27

Again, you know, I've got exposure to

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Tesla. I've got exposure to SpaceX uh

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through our VC company. Like these we we

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maybe I'm a little biased here. Uh but I

4:36

want to look at these things from a

4:37

realistic point of view. You there could

4:39

still be some punishment here. Like Elon

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kind of crossed Trump here. Now, it's

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good that Elon apologized this morning

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on Twitter. Really on X. really good

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that he apologized. Really good that

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he's sort of walking back the attacks

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because it would just be a death

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sentence to keep the attacks going,

4:56

especially for somebody as as you know

4:58

with the reach that Elon has. You know,

5:00

it's one thing if if you know I yap, I

5:02

don't have the reach that Elon does,

5:04

right? Uh but that this is this is a

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very interesting response from Trump.

5:08

So, I I think there's more resentment

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from Trump here. And even though he's

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saying that like, hey, you know, it's

5:15

not a priority to reconcile, but maybe

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we could patch things up. Even though

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that's being said, I don't I really

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think when Trump says it's not a

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priority, I think Trump's done with him.

5:24

Think, you know, once you cross Trump,

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it's kind of hard to come back, but who

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knows? You know, m maybe over time, time

5:31

will heal the wound, but I think Elon's

5:33

probably going to be in a penalty box

5:35

for at least the next year or so.

5:36

Interesting to hear Donald Trump's

5:38

reaction though. Curious also to see

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what um what some of your comments were.

5:42

Some some of you right here, somebody

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says, "I think the whole Trump Elon

5:45

upset was planned by both." I don't

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know. I mean, maybe I I know that's that

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is a thought that's out there that this

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was sort of planned and staged for

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Elon's exit. It just it felt like too

5:56

much of a lowblow and it kind of it was

5:58

characteristic of what Elon would do.

6:01

So,

6:03

I don't know about that. Like this

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morning, I think it I think it was in

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our course member live stream. We were

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talking about how if Elon selected his

6:10

MMO RPG character of like his real life

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self, he basically took like social EQ

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and dialed it down to zero. So he'd have

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more points to put into like innovation

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genius. And so his character is like

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really unbalanced, like strong on one

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end, but like really flawed on the

6:28

other, you know? Uh so I I I don't know

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about that. Somebody else says, "You see

6:33

it in his jaw." Yeah. Somebody else

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says, Brandon, what's up, man? Says,

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"Uh, what drugs do they claim Elon

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took?" Uh, well, there there are claims

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that Elon flies around with a pill box

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of 20 different pills, uh, aderall,

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ecstasy, mushroom, psychedelic

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mushrooms, uh, ketamine, uh, you know,

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various

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different drugs. Elon also describes

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himself, you know, obviously denying

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some of these more recent reports

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because it's not a good look, but Elon

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also talks about being, you know,

7:07

depressed. Uh, I mean, if you think

7:09

about it, sure, he has a lot of kids,

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but he's not home with his kids. You

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know, he's he's not like I think he he,

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you know, kind of carries around XAI to

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sort of at least have some feeling of

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belonging and being a father. But I

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think Elon, you know, from his childhood

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has kind of always been an outcast and

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is looking for that feeling of belonging

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to some form of community and like the

7:32

Doge hit, like Doge having a smaller

7:35

impact than he had hoped. Uh, and now

7:36

kind of getting ostracized from the

7:38

White House, I think it hits hard. So I

7:41

think Trump is actually right when he

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says, "I think Elon feels very bad." I

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totally agree with that. Some people say

7:46

math, I don't know about that. Uh but uh

7:50

so basically the same drugs Diddy

7:51

accused of using you know I haven't paid

7:54

much attention to the uh uh uh to the

7:58

Diddy thing. Somebody says I never saw

8:00

Elon use ketamine. Just an internet

8:01

rumor. Well no that's false. Elon has

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actually himself said that he's used

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ketamine. Now his argument and he's

8:08

obviously going to downplay this but he

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says he might use ketamine you know once

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or twice every two or three weeks.

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That's his line. Other people say that

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his ketamine dose has kind of gotten out

8:18

of hand lately. And while maybe that was

8:21

true in the past, he's ramped up his

8:22

ketamine use, which of course he has

8:24

denied. So, but he himself has agreed

8:27

that he does use ketamine. That's that's

8:30

very clear. Uh so, let's be clear about

8:33

that. But hey, you know, they didn't

8:35

find baggies of cocaine in the White

8:37

House this time, so you know, maybe it's

8:39

just not that bad. Sorry. You always got

8:42

to bring up Hunter Biden, right? Wait,

8:45

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