Elon Musk loses billions playing D&D

So, we've got to talk about Elon.

>> What's going on today?

>> Well, I think they're under a lot of

pressure over there.

>> What kind of pressure?

>> Well, we're talking about XAI

>> and basically they're losers. That's

basically what it is.

>> But Mosk doesn't think so, I guess.

>> No, he knows. He knows. He knows. Yeah.

So, what's going on, guys? There was a

interesting report from the Business

Insider, and we both took a look at it,

and it describes what it's like to work

with Elon over there. And long story

short, they know they're losing because

when you think about say the top chatbot

company or chat bots, who are the who

are the big players in this?

>> Open AAI, the the entrophy,

>> right? One more.

>> Oh, Gemini.

>> Yeah, Google Gemini, right? And and it

was interesting because you actually

named them in the order that we were

sort of started talking about this stuff

cuz when because when it first came out,

it was all about chat GBT, OpenI, right?

And then suddenly like last week it was

all anthropic in Claude

>> and then Google's just kind of always

been there.

>> Yeah.

>> You know, and actually Yi surprised me.

I don't know was it a month ago or

something like that. You're like, "Hey,

I've been talking to Gemini." And I'm

like, "What?" But we all do when you

search Google cuz it cuz it it just

shows up.

>> They just you want to do AI, you know,

their AI section. So I just always click

that. right now to be fair for those

people who are like on X Twitter like

all day every day they're using Grock

because because you can see that it's

sort of integrated into that that

platform. So it just depends what

circles you run in but clearly Grock

Elon Musk is in last place compared to

the other three

>> but at least it's on it's hot on news.

>> Not in a good way but yes it is in the

news. It is that's very true. It is in

the news. So, for example, you guys have

been paying attention. Um, it was three

weeks ago already. I think it was France

uh in Paris, they raided the office like

crazy cuz basically it's like a bunch of

this undressing people kind of stuff. We

talked several times on the on the

channel

>> and this is actually a situation.

Ireland was the most recent country

>> to say you we're investigating you for

this kind of stuff. Um, but basically

what's going on right now is because

he's losing essentially what he does, he

just goes through X. I think he's on

that thing all the time. Same with

Trump, they're on this social media like

all day every day. And you wonder like

when these people have time to

>> do this stuff, but they are. And then

whenever he sees like news about another

company, be it Open Anthropic, Google,

whatever, he'll quickly then send a

message to engineer of like, I just saw

they're doing that. Why aren't we doing

that?

>> Yeah, that's as a worker, it's really

awful, you know. So what should I do?

Should I, you know, they probably have

their project right now? Sure. What what

should I do?

>> Yeah. No one likes work for someone like

that because it's true, right? You

you're working on something and then

like I guess according to the employees,

insiders, they were just saying like

everything's a fire alarm because

because you could imagine that like

there's news every day on this stuff and

then suddenly your boss is like why

aren't we doing that? And you're just

like well I'm still working on this. So,

>> but you know,

>> fire alarm all all the time. It's not

fire alarm anymore.

>> Seriously. Uh, and then you know, part

of the fire alarm situation. So,

everything's a fire alarm. Okay. So,

it's like, you know, you

>> can I mute?

>> Yeah. Yeah. Can I mute the fire alarm?

Then they expect you to work uh like 12

to 16 hours a day.

>> And they had this other really crazy

thing. Um, no matter when you get a

message from Elon,

>> yeah,

>> you're supposed to respond with like in

30 minutes. And remember, Elon's an

addict, so he could message you.

>> I think I think he either could be out

or he's gonna yell at you. Who knows?

Like like they like that was just the

expectation

>> that you're supposed to respond with in

30 minutes.

>> It's pretty weird, right?

>> Because because you know during during

the workday

>> still not good,

>> right? Still not good because um you

know there's any number of reasons like

sometimes like hey did you get my email?

Your boss marches down your office.

Where why didn't you answer my email?

Right. But imagine like Elon cuz he's an

I have to mention addict because he

could message you at 2 a.m. in the

morning and so you're expected to answer

within 30 minutes

>> when you know during he's playing the

League of Legend. Oh, he just thought

about something and just text.

>> Yeah. Yeah. And it's funny that AG

brought up League of Legends because

this was actually I guess from the

inside they were saying Elon was like

really determined that his Grock AI

thing get really good at League of

Legends. That's how awful is if you

think about if you're, you know, the

engineer.

>> You didn't really want to do that, but

you have to keep learning, you know, the

League of Legend that you never played

and you don't even care.

>> Yeah. And then it's not even League of

Legends. There's another game you you

probably know this other one. It's

called Balders's Gate. We've talked

about this before. So, if you guys don't

know, and for those of you who like

Ballers's Gate, um, basically many

people consider it the best game in

history. M

>> uh it just came out I think like 10

years to make this game or whatever.

>> Oh, I remember.

>> I totally It's like it's a pretty cool

game. Um but anyway, he was upset that

the chatbot didn't have enough like

knowledge about the game and so he's

like put teams on League of Legends,

Balders's Gates, stuff like that. And

these are like all emergencies. You got

to get really good at video games. Um I

think part of it, one of the reasons why

they're doing that

>> well was many reasons, but was one is he

he's claimed he wants to make a video

game company also.

So it's like among other things.

>> Yeah.

>> So basically I mean search it that's

what he does. He just watches the news

like oh I saw like this like really cool

game or this game my phone can

>> he's good at buying company. He can just

buy the game company.

>> You would think. So I'm I'm always

curious the dude's cash information, you

know, cash flow situation. I'm always

curious on that.

>> Just get another loan from the XAI

SpaceX whatever.

>> Yeah. That I mean that's his plan.

That's the plan. So basically, you pump

up your company and say, "Hey, my

company's worth, you know, this amount

of money. I I promise this is what it's

worth." And then and then you Yeah. you

get loans built on that. So it's kind of

crazy, but because you mentioned, could

you just buy another company, right? So

that's when he picks up the phone and

it's funny because um he usually works

with Morgan Stanley

>> and then the way they describe this

stuff is like there's only certain

people that he can tolerate

>> because people I'll just say to be

honest like some of these people at

Morgan Stanley or whatever these kind of

places they're greedy individuals.

>> Sure.

>> So if you can get the Elon Musk account

and you you know get your one or two% or

whatever percentage you're getting

you're like you know

>> pump up the numbers because they get a

whatever. It's kind of like you know in

real estate where you buy and sell home

the bigger the price. your bigger your

commission basically and right and so

Elon's kind of a good client in that way

but Elon has like a very uh how can I

say he's very picky on like who he'll

work with because he you got to answer

him like right away he kind you're kind

of like I don't know I it's kind of like

those kind of clients or customers who

feel like they're the VIP no matter what

and the only VIP and they should have

like their own special meeting room when

they show up or like they show up

unannounced right and that it's expect,

you know, where's my service? Why is it

enrolled at the red carpet for me? So,

it's it's kind of like that. And then he

he expects then everyone at his office X

or whatever companies to be like this.

>> But the um the XA situation is

interesting because he is so far behind

the other the other companies. That's

why they're under pressure right now.

>> So, I don't know too much pressure.

That's why like the people keep leaving

I guess.

>> Yeah. So, there's different reasons. So

first is the the two co-founders left

which we we talked recently. Um

>> and uh there one reason could be the

merger with SpaceX.

>> There could be some sensitive stuff in

that. So if you're getting government

contracts in defense like military kind

of stuff then you can't have foreign

nationals you know doing that stuff. So

that's part of it probably they don't

say just you kind of figure it out. Uh

other parts could be people are just

uncomfortable entirely with I I think

the undressing thing really bothered a

lot of people.

>> Sure. Who's comfortable with that?

>> Yeah. Just just people like Elon and you

know if if you want to take people's

clothes off that's your thing not

consider but you know Yeah. It's just

say not good people and people who like

to go hang out on a particular island.

We'll put it that way. Um the other

issue as well is like just the work

demands

and Elon can't do this stuff on his own.

He can't really do it.

>> No, he's some people think he's like

programmer, scientist, engineer, but

he's not.

>> No, it's it's clear. And so like the

difference is say if you're at a

legitimate place, just for example, and

your boss like knows how to do

something, it's like, hey, we're gonna

do this. This is my drawing. This is my

design. This is my, you know, initial

code. I need you to just debug this or

you know like like they're the actual

brains behind it.

>> It has a very different feeling opposed

to like I saw this other guy was doing

something

>> and I don't like that I like that.

>> Yeah. And then they just like tell you

to go go be like that and it's like

>> if you're the you know if you're smart

you say why don't why don't you you know

do it.

>> It's not a good direction you know.

>> Yeah. So that's sort of how it how it's

run over there. Um, they break up. I

guess they said they have five war

rooms. They use the phrase war room. And

then you're expected to just, I guess,

work non-stop on this thing, sleep at

the office kind of stuff. And

everything's an emergency.

>> Nah, then it's not emergency.

Um, and I think part of what also like

the e situation is I, you know, and

there's different ways you could read

this, but I think there's a a window

closing to where the money is drying up,

>> right? So, it's emergency in sense,

well, there's different e. So, one

emergency could be we got bills to pay,

>> right? Like they have a lot of debt,

>> you know, and um every month they got

to, you know, pay said debt or figure

out a way to restructure said debt. So,

that would be one emergency you could

say. Another emergency you could say

like we actually do have employees to

play. You we should pay our people or

they're not going to come to work. Like

like you do, you know, um because this

this is real. Uh they are burning money.

>> Mhm.

>> It's like like a billion a month kind of

money that they're just just you know

losing essentially.

>> Not just them, it's older company losing

money right now.

>> Yeah. Yeah. Yeah. Because it it takes a

lot. You got to hire all these people.

You got to have them develop all this

new tech and then you got to market it.

That takes money, right? And then you

got to do your data centers and all that

stuff. And then you got to hope that

someone buys it and you got to hope that

someone buys it in a really poor

economy.

>> Yeah.

>> Right. And you may convince some people,

but then PE, you know, people and

companies have choices on like where

they go. And it's been interesting.

Something I I've been noticing is like

everyone right now is trying to

determine why do we even need this stuff

and what is it going to be for?

>> Right? So this is this is why it's so

fascinating story right now. Um because

everyone's panicking trying to to get

that get that money.

>> And even the Elon wants to hire Korean,

you know. Yeah.

>> He posted join Tesla.

>> Yeah. So that was really funny. Um

basically I think he's after chip makers

and stuff like that.

>> Chip designer

>> and it's it's his companies are so

intertwined in a nor in a normally

functioning you know world. There's a

lot of stuff that Elon is doing I would

say is illegal to be frank. Um but

basically yeah he wants to hire Koreans.

I think uh in Korea though that you told

me something recently was really

interesting the news. There's a company

is it called Heinix I believe

>> and they they they released like

information. Was it Highex of their pay

or was it a different company?

>> Oh yeah SKH Highix.

>> Yeah. SK Highix. So what was the deal

with that?

>> How much payus? Yeah. Yeah. What was the

deal with that?

>> Did they get the bonus about the Yugo?

Yeah.

>> For two years, a year.

>> So that's like four to $500,000 bonus.

And it's kind of funny that they

announced this. Was this like two days

ago or something like that?

>> About like week two weeks ago.

>> Okay. Yeah. It it's it's pretty

interesting because then essentially

those are the kind of people that Elon's

after. It's like if you just got a a

pretty big bonus from, you know, said

company and Elon's got a history of

being, you know, erratic, doesn't pay

people, fires people, and then these

kind of articles come out like it's a

terrible place to work.

>> I think I'm sticking with high myself.

You know, you never know anyone's

situation because um you know, it's

everyone's different. But and it's funny

with the with the Heinx situation. Um I

guess people have been getting phone

calls and stuff like that because people

figure out how much you get paid.

>> Oh yeah. Yes. So people call can you you

know lend money

>> right right

>> can I borrow money

>> so that's the kind of situation that's

happening c I had to bring up because

it's actually in our news as well the

Elon situation and there's been other um

news with here to where like they've

been talking about the robot stuff where

Hyundai's ahead of Elon and Elon's

freaking out on that and stuff. So

>> anyway that's what's going on. That's

what it's like to work uh at Elon. I

want to hear you're with Elon I should

say. however you want to call it.

Actually, it's port more like Elon tells

you to do and then you do the work and

he takes credit for it. That that's the

situation. But um want to hear your

thoughts on this one and we'll catch you

on the next video. So